Air NZ's Luxon defends domestic regional air fares

Air NZ's Luxon defends domestic regional air fares
By Paul McBeth Sept. 30 (BusinessDesk) - Air New Zealand chief executive Christopher Luxon has defended its pricing on domestic regional routes, saying it's one of only a few airlines in the world servicing as many smaller towns as it does, and that such routes are often considered uneconomic. Speaking at the airline's annual meeting in Christchurch, Luxon told shareholders regional airline economics are "very challenging" and will always be more expensive as smaller aircraft operate at a higher cost per seat. Citing unidentified independ...