UPDATE: Air New Zealand forecasts fare discounts; yield pressure looming

UPDATE: Air New Zealand forecasts fare discounts; yield pressure looming
(Updates with analyst comment) By Fiona Rotherham Feb. 25 (BusinessDesk) - The only cloud on Air New Zealand’s horizon in coming months will be yield pressure as it faces more competition from foreign-owned airlines due to lower fuel costs while it’s adding significant capacity to its own network. This will benefit travellers with the airline saying the public can expect competitive pricing in the next six months as it adds 12 per cent capacity on its network. Forsyth Barr head of research Andy Bowley said there hasn’t yet been much...