Air New Zealand announces purchase of 15 new aircraft as regional competition hots up

Thu, 05 Nov 2015

By Fiona Rotherham Nov. 5 (BusinessDesk) - Air New Zealand is purchasing 15 new ATR72-600 aircraft worth a total US$375 million as regional competition hots up. Chief executive Christopher Luxon announced the new aircraft at a press conference in Auckland, attended by Prime Minister John Key. Eleven of the new aircraft will replace the airline’s ageing 72-500 fleet while the remaining four will allow for growth on regional routes on which Air New Zealand is facing fresh competition from Qantas offshoot, Jetstar. Air New Zeala...

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