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

 


Auckland Airport welcomes proposed alliance

Media Release | 16 January 2014

Auckland Airport welcomes proposed alliance which will deliver capacity growth and new daily A380 service.

- Additional 100,000 seats on Auckland-Singapore route in first year

- Fourth A380 aircraft for Auckland Airport

Auckland Airport has welcomed today’s announcement of a proposed alliance between Air New Zealand and Singapore Airlines and the decision by Singapore Airlines to progressively introduce an A380 daily service to Auckland.

Glenn Wedlock, Auckland Airport’s general manager aeronautical commercial, says, “It is important to celebrate both the additional capacity from the A380 services and the capacity growth and improved connectivity this alliance would deliver if it receives regulatory approval. This decision is no doubt influenced by the strong performance of the South East Asian routes into Auckland which have seen high passenger loadings of more than 85%, on average, this past year.”

Auckland Airport estimates that the total additional capacity arising from both the alliance and the use of the A380 on the Singapore-Auckland route to be at least 100,000 seats in the first year, and significantly more once the A380 becomes a daily service. Singapore Airlines’ decision to progressively introduce an A380 aircraft daily service on the route provides at least an extra 40,000 of those seats in that first year.

“Auckland Airport welcomes the commitment of both Air New Zealand and Singapore Airlines to grow the Singapore-Auckland route, and we congratulate Air New Zealand on transforming its pre-existing business relationship into a strategic partnership with one of the world’s largest carriers.”

“Today’s announcements also strongly support Auckland Airport’s ‘Faster, Higher, Stronger’ business strategy to grow travel markets and unlock growth opportunities in travel, trade and tourism for New Zealand.”

“Our focus on growing emerging markets such as India and Indonesia, as well as Australia and the Americas, provides passengers with greater choice, more convenient flight schedules and better value for money.”

“It is also really great to see further evidence of the tourism industry’s shared commitment to deliver on New Zealand’s aspirations to grow air services as outlined in the New Zealand Tourism Industry Association’s ‘Tourism 2025’ strategy. There is a real sense that the industry is focused on working to deliver growth for the country. Air New Zealand’s and Singapore’s announcements are fantastic examples of this aspiration.”

Singapore is a critical hub airport, providing New Zealand with access to South East Asia and key tourism markets such as India and Indonesia. Passenger movements between New Zealand and Singapore have grown by 10% in the past 12 months. In the past three years passenger movements between New Zealand and India have increased by 11% and between New Zealand and Indonesia they have increased by 39%.

“Today’s announcements strengthen Auckland’s position as an Australasian hub airport, and it will provide us with further opportunities for building even greater connectivity in tourism and trade for New Zealand.”

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news