looks like they might be trying to stimulate forward bookings .....
https://www.stuff.co.nz/business/110...omestic-routes
Printable View
looks like they might be trying to stimulate forward bookings .....
https://www.stuff.co.nz/business/110...omestic-routes
Quite a bit of chat on Duncan Garners show about big reductions - 50% - coming on domestic airfares to regions. Jacinda seemed to be well in the loop as well in a subsequent interview........
Sounds like ALL regional fares to be slashed by 50% ....a game changer
I think excitement has got the better of Garner et al
https://www.newshub.co.nz/home/trave...e-regions.html
Govt have come out this morning said they have nothing to do with this. Electricity review has already reached conclusions that doesn't support any fear of your latter suggestion.
I'm with Raz that this is mostly a marketing stunt. I will be looking for signs from Chris Luxon at the annual result that they are taking the relentless cost creep this company faces seriously and taking the appropriate actions. Very sad that a few years ago QAN and AIR share prices were the same and now QAN is more than double. They're doing some things that AIR clearly are not.
I suppose they would. I think we would be naive to think that they have not had some input. No matter what they say.
https://youtu.be/WuJQD-wTvUA
At least in part will be trying to fill otherwise empty seats I would have thought, so not necessarily losing money as such.
http://nzx-prod-s7fsd7f98s.s3-websit...125/295736.pdf
Looking at operating stat's for January and year to date load factors and RPK's you'd be forgiven for wondering why AIR cut their forecast so much :confused:
That yield looks pretty worrying. 0% growth in short haul RASK, while there was growth in load factor and with the announcement of the cheapest fares dropping.
Could be in for a wild ride.