QAN's outlook was noted as being strong and they are also seeing firmer yields across their network as are AIR. As predicted some time back, new entrants don't maintain opening special's on their new routes forever, its simply not feasible.
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QAN reaches 52 week high after CEO gets a pie pushed into his face
Our man Chris needs to get more politically 'active'
New routes doing very well. Good news http://www.nzherald.co.nz/business/n...ectid=11853158
New Zealand is in a very unique position. Do you have to use Auckland as a transit connection to anywhere apart from " The Islands " ??
Nah !!..
Therefore Air is in a unique position.. More so when share holding is perused..
Great news indeed Roger. The AKL-EZE BC seats are almost always sold out when I am travelling and PE normally pretty full too. Particularly in summer when Aussies and Kiwis are going over to South Argentina for cruises to Antarctica. Increasing to 5 flights pw and increasing seat numbers in BC by 50% with the new layout when that happens will do well for yields on this route
Good to hear those high value seats are in strong demand, thanks for sharing.
Govt investing $178m in tourism infrastructure, partnering with councils to help keep N.Z. clean and green. https://www.nbr.co.nz/article/govern...ast%252520Call
Interesting article from Bloomberg on the profitability of the frequent flyer business - for Qantas!
https://www.bloomberg.com/news/artic...rplane-tickets
Airpoints is undoubtedly a huge money spinner for AirNZ and although not necessarily advocating a sale, any private divestment of the loyalty programme could land the company with a huge windfall of cash.
Air Canada's return on the sale of 12.5% of Aeroplan was C$250M in 2005. AC subsequently sold their remaining stake to Loyalty Management group, and have recently started their own loytal programme once again called Altitude, which will be their primary rewards system by 2020.
One pending negative for Airpoints is the likely changes (perhaps via government regulation) to interchange fees, which will gut the credit-card rewards component upon which much of the system is based.
Air NZ's Airpoints program is without a doubt one of the best in the World. Good earnings rates for frequent flyers, simple to monitor/use and the most easy access to use the points of any of the many frequent flyer programs I have belonged to. Very valuable for AIR.