Jetstar pulling out of Nelson, Napier, New Plymouth, Palmerston North routes

Jetstar pulling out of Nelson, Napier, New Plymouth, Palmerston North routes
Paul McBeth
By Paul McBeth Sept. 25 (BusinessDesk) - Jetstar plans to stop flying unprofitable regional routes at the end of November, blaming tepid demand and high jet fuel prices which it says look set to stay for some time.  The affected routes are between Auckland and Nelson, Napier, New Plymouth and Palmerston North, and flights between Wellington and Nelson.  The budget arm of Australia's Qantas Airways will make a final decision on whether to end the 130 weekly flights to provincial centres by the end of October, giving it time to consult w...

More Retail

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024
Serato and AlphaTheta have abandoned deal
Retail

Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.