Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


House of Travel on proposed code share

13 April 2006

Statement from House of Travel's Retail Director Brent Thomas regarding the proposed Air New Zealand/Qantas code share arrangement:

"The Tasman is a hotly contested stretch of air with 11 airlines currently flying from New Zealand to Australia. There is no doubt that this competition has lead to cheaper airfares which our customers have benefited from.

With this increased competition has come surplus seats and it is common knowledge that outside of peak departure times, the flights simply aren't full across the Tasman. Over time this, combined with increasing fuel prices, has impacted on airlines profitability and it has been apparent that some sort of alliance would need to be sought in order to sustain two major airlines flying this route such as Air New Zealand and Qantas.

The reality is that with this scenario comes reduced capacity and it is the simple laws of economics that tell us at some point in the future, if this code share arrangement is signed off by the regulatory bodies, that airfares on the Tasman will rise.

While there are the "no frills" airlines such as Pacific Blue and lesser known airlines like LAN and Royal Brunei operating across the Tasman, unless the consumer uses a travel agent or a website which provides all the options, like, which is independent from the airlines, they simply won't be aware of what is available and at what price."


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>