Auckland Airport sees challenging times
At the start of the year, Auckland International Airport Ltd (AIAL) lost a potentially lucrative partial take-over offer from a Canadian pension fund. The airport is now losing valuable long-haul air services, due to a combination of high fuel prices, slowing economies and a strong (although now easing) New Zealand dollar. EVA Air has confirmed it is withdrawing its Taiwan service and Thai Airways is looking likely to drop its non-stop service from Bangkok, potentially re-routing it via Australia, which could result in a drop in valuable visitation from Europe.
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