Jetstar losing money on regional NZ services, watching market 'closely'

Jetstar losing money on regional NZ services, watching market 'closely'
Pattrick Smellie
By Pattrick Smellie Aug. 22 (BusinessDesk) - Budget carrier Jetstar is "loss-making" on its regional services in New Zealand and "market conditions are being monitored closely," parent company Qantas told investors today. Regional flights are defined on the Jetstar NZ website as services to Napier, Nelson, New Plymouth and Palmerston North, raising the spectre of service cuts to regional centres of a similar kind to those that have landed national carrier Air New Zealand in political hot water in the past. The Qantas results, released...

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