Air NZ fleet replacement: good news for Boeing as Dash 10 is favoured

Manufacturers had been eagerly awaiting Air NZ’s decision on a replacement for its fleet of Boeing 777-200.

Airbus, with its new A350, had all been but ruled out by industry observers last week because of the cost and complexity of introducing another wide-bodied jet to a small fleet.

The choice therefore was between the new Boeing 777-900 and a later model of the Boeing 787 Dreamliner, the Dash 10.

Air   NZ today confirmed  the decision to purchase eight Boeing 787-10 Dreamliner aircraft powered by GE Aviation’s GEnx-1B engines.

At today’s list prices, the agreement represents a value of US $2.7 billion. Continue reading “Air NZ fleet replacement: good news for Boeing as Dash 10 is favoured”

Business confidence might not rise – but the number of advisory groups has been lifted

How does a PM restore business confidence?

Jacinda Ardern gave us her answer today:  she has set up an advisory council.

This may well be the result of her taking advice from some other advisory council, board or commitee – or the idea might have dawned on her without any advice.

Whatever, Ardern announced the new council while addressing the issue of flagging business confidence in a speech to a business audience

She mused on what business confidence survey results are actually telling the government and referred to “a business confidence paradox” which she proceeded to describe: Continue reading “Business confidence might not rise – but the number of advisory groups has been lifted”

Assailing corporate leadership helps lift Jones up the political leadership ladder

Shane Jones tears strips off Fonterra and says the chairman should ‘catch the next cab out of town’”.    

It’s   another  headline to propel the NZ First Cabinet minister up the  political  leaderboard.   Maybe  he’s  learning from  Donald Trump.

Jones’  latest outburst  follows  an  earlier  broadside  against  another  iconic  NZ   company,  Air NZ,  suggesting its chairman step down and its CEO  stay out of politics.

Is there   some connection between  the two  onslaughts?  Could Jones have heard the speculation that Air NZ CEO Christopher Luxon may be  on the short list to replace  Fonterra’s Theo Spierings (who announced earlier this year he is   standing down  as  CEO   after seven years in the job)?

Jones  does not  shrink  from the role of   being  NZ  First’s attack dog.  What better  way  to  keep your party  (and yourself) in the news?

But this under-estimates Jones as a politician.  He is much smarter than that. Continue reading “Assailing corporate leadership helps lift Jones up the political leadership ladder”