Air NZ looks to jump-start domestic passenger growth by cutting fares

Tue, 26 Feb 2019

By Rebecca Howard Feb. 26 (BusinessDesk) - Air New Zealand said it is cutting its lowest domestic fares by up to 50 percent from today as it looks to jump-start its domestic passenger growth. Chief executive Christopher Luxon said the move is the "biggest overhaul" of the airline's domestic pricing structure in more than a decade and will see more than 750,000 seats a year available for less than $50. It doesn't anticipate a material impact on earnings The airline said it is shrinking its lowest fares on 41 domestic routes meaning Kiwi...

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