72 million more seats, flight prices continue to take off

72 million more seats, flight prices continue to take off
Air NZ spending to upgrade fleet, contend with engine issues. (Image: Getty)
Brent Melville
Resurgent airline capacity will leave international travellers spoiled for choice next year, but prices won’t be losing altitude anytime soon, analysis by corporate firm FCM Travel shows.The consultancy, the corporate travel management offshoot of Flight Centre, points to a 5.3% overall increase in airline seat numbers on 2019 levels by the first quarter of 2024.That’s 71.8 million more seats available for booking across both domestic and international flight markets.FCM’s latest quarterly trend report suggests the b...

More Markets

NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Graham Skellern 03 Jul 2024
Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.