Shrinking Air New Zealand shifts burden of national tourism development to Pacific Blue/Jetstar
Air New Zealand is a small carrier getting even smaller. Like many other airlines, reducing capacity is the unavoidable option. It is the only way forward for the airline to protect its earnings base, which is under relentless pressure from expanding long-haul carriers, such as Emirates, and short-haul LCCs Pacific Blue and Jetstar, domestically, on the Tasman and in the Pacific. [621 words]
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Graphs and data:
- Air New Zealand financial and traffic performance by route in 1HY09 (financial year ended 30-Jun)
- Air New Zealand operating profit margin and net profit margin: FY05 to 1HY09 (financial year ended 30-Jun)
- Air New Zealand passenger capacity growth by routes: Feb-08 to Jan-09
- Air New Zealand passenger numbers growth by routes: Feb-08 to Jan-09
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