Don’t forget, airlines can be like pulp mills with wings

A New Zealand analyst once famously said airlines are like pulp mills with wings – in other words, the industry is not for the fainthearted.

That analyst, Timothy Ross, is now with Credit Suisse in Singapore but his words still resonate with investors here as 20% of Air New Zealand [NZX:

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Duncan Bridgeman
Tue, 19 Nov 2013

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