Air NZ to tweak 'cattle class', use machine-learning to target individualised fares
Infrastructure

Air NZ to tweak 'cattle class', use machine-learning to target individualised fares

By Pattrick Smellie May 27 (BusinessDesk) - Air New Zealand is planning what amounts to a fourth choice of seat on its long haul flights, which will fit between the traditional economy seat and its Premium Economy product. While it doesn't yet have a name - Economy-Comfort...

Pattrick Smellie 27 May 2019
Air NZ profit warning follows plane upgrade announcements
Infrastructure

Air NZ profit warning follows plane upgrade announcements

By Pattrick Smellie May 27 (BusinessDesk) - High aviation fuel prices have knocked up to $60 million off Air New Zealand's forecast pre-tax profits in just two months. The airline has dropped guidance for earnings this financial year to bottom of its previously announced ra...

Pattrick Smellie 27 May 2019
Air NZ commits around $2B to buy eight new Boeing Dreamliner 10-series planes
Infrastructure

Air NZ commits around $2B to buy eight new Boeing Dreamliner 10-series planes

By Pattrick Smellie May 27 (BusinessDesk) - Air New Zealand is committing to buy eight new Boeing Dreamliner 787-10 long haul jets, with options on 12 more, and plans to have the first of the new planes in service by late 2022. The national carrier did not disclose the pric...

Pattrick Smellie 26 May 2019
Reaction to Budget rules relaxation shows balance 'about right', says Ardern
Economy

Reaction to Budget rules relaxation shows balance 'about right', says Ardern

By Pattrick Smellie May 24 (BusinessDesk) - The government's decision to relax its Budget Responsibility Rules has attracted a balance of positive and negative criticism, suggesting it's pitched about right, said Prime Minister Jacinda Ardern in a speech to an Auckland busines...

Pattrick Smellie 24 May 2019