Flag-carrier airline of New Zealand
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Megan recently tried to fly to Hawke's Bay, but her travel plans ground to a halt after rolling sea fog stopped the flight in its tracks. Air New Zealand requested that the passengers line up and get booked on new flights, but Megan checked on her Air NZ app and found a way forward - on a flight that left later that day. She revealed her latest travel hack - so everyone else could be prepared. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Send us a textLinking the Travel Industry is a business travel podcast where we review the top travel industry stories that are posted on LinkedIn by LinkedIn members. We curate the top posts and discuss with them with travel industry veterans in a live session with audience members. You can join the live recording session by visiting BusinessTravel360.comYour Hosts are Riaan van Schoor, Ann Cederhall and Aash ShravahStories covered on this podcast episode include - Korean Air is to purchase 103 Boeing aircraft in a deal worth approximately $36.2 billion.The OpenTravel Alliance becomes a member of Overture Maps Foundation, giving them access to the newly released Global Entity Reference System (GERS) to address standards for location data in travel distribution.In a heavily critiqued move, Tanzania introduces hefty passenger levies for travel to and from their country.Mexico city restores flight slots to US carriers, reversing a 2022 policy which favoured Mexican carriers.Ryanair increases staff rewards for catching passengers with oversized cabin bags.They are also not expanding on their presence in Belgium following a 150% increase in Belgian aviation tax.Air New Zealand reports a 14% drop in profits.The most engaged post of the week goes to Richard Valtr, founder at Mews, where he talks about how they now offer hotels a property management system which enables guests to use both Apple Wallet and Google Wallet as their room key.Extra Stories & Space NewsYou can subscribe to this podcast by searching 'BusinessTravel360' on your favorite podcast player or visiting BusinessTravel360.comThis podcast was created, edited and distributed by BusinessTravel360. Be sure to sign up for regular updates at BusinessTravel360.com - Enjoy!Support the show
The sound of investor presentations and ASX releases can only mean one thing: results season has come again, bringing joy and cheer to all the good shareholders of the land – especially those who've invested in airlines. Qantas has posted another bumper profit as it looks to snap up even more A321XLRs, Virgin Australia has celebrated its 25th anniversary with a healthy result, Alliance is flying more hours than ever, and across the Tasman, even Air New Zealand is still in the black despite its many headaches. Jake and guest host Benjamin Foster unpack all the major airlines' results and take a look ahead to the prospects for 2026. Plus, it's the end of the line for Gold Coast Airport's light rail – what might replace the controversial project as the Olympics draw ever closer?
Air New Zealand's profit has dropped 15% in a year and there's more turbulence ahead. The national carrier reported a net profit of $126 million the year ended June compared with $146 million a year earlier. The national carrier is warning next year will probably be every bit as tough as the last one. Air New Zealand CEO, Greg Foran spoke to Lisa Owen.
Air Zealand's boss is predicting another challenging year ahead. Our national carrier has seen profits plunge. It's partly due to weak domestic demand and ongoing engine maintenance issues. Chief Executive Greg Foran told Mike Hosking it's also facing unavoidable price hikes for things like landing charges, wages, and engineering materials. He says they can't go down to Bunnings or Mitre 10 to buy a replacement toilet seat for a 787, although he wishes they could. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Friday 29th of August, we're changing the alcohol laws, making it easier to hold both on and off licenses. Common sense or no real change? Air New Zealand boss Greg Foran is in to talk their results and why we're seeing what we are when Qantas' numbers are through the roof. Kate Hawkesby and Tim Wilson try to make Mike more positive and talk about Tim's return from holiday and having to fill the boots left behind by Sir John Key as they Wrap the Week. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The boss of Air Zealand says he's proud they've made even two cents of a dollar this year - as profits drop 13.7 percent. The airline's being hit hard by a sluggish domestic economy, with costs like landing charges, wages, and engineering material rising much faster than inflation. Outgoing CEO Greg Foran says he appreciates it's been a difficult few years. "Whether it was starting when Covid began and doing capital raises and then hurriedly having to restart the business, and then a parade of engine challenges and now we've got a few other headwinds - but you learn." LISTEN ABOVESee omnystudio.com/listener for privacy information.
The boss of Air Zealand says he's proud they've made even two cents of a dollar this year - as profits drop 13.7 percent. The airline's being hit hard by a sluggish domestic economy, with costs like landing charges, wages, and engineering material rising much faster than inflation. Outgoing CEO Greg Foran says he appreciates it's been a difficult few years. "Whether it was starting when Covid began and doing capital raises and then hurriedly having to restart the business, and then a parade of engine challenges and now we've got a few other headwinds - but you learn." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Reading the Air New Zealand results was a bit disappointing - even more so was the commentary after. Profit's down, demand is down, costs are on the march, capacity still buggered by engine problems. Here's the real punch in the guts for our national carrier: they won't be back to full capacity for the best of two more years. Foran confirmed it last night. There's something about a national carrier that should make you feel a bit proud. When you've been overseas and travelled the world, not seen a Kiwi in ages, jumping onboard that last leg home, hearing the accent - the comfort of Kiwi service. Foran's had a rough time in the job. Border closures and lockdowns, is there anything worse for the new boss of a global airline? The Rolls Royce and other engine issues - again, not really his fault. You can plan around that stuff but even those plans have had to change. The engine makers' timelines for a fit-it job have been pushed out. And then there's the prices - we all love to whine about the prices, including me. A return weekend flight from Auckland to Wellington, for the middle of next month, will cost me close to 800 bucks! And guess what? They're going to keep going up - an extra five percent in the near future. As Foran hits the departure lounge to make way for a new Captain of our national treasure —if we'd still call it that— the question is what would or should he have done differently? For all the faults and complaints and price hikes, is there anything anyone has suggested that could have fixed these problems while not simultaneously sinking the business, or worse, forcing it to go, once again, cap in hand to the government for another handout? See omnystudio.com/listener for privacy information.
We are being urged, again, to "break up with property". We are urged this way once every few years. It's based, not unreasonably, on the idea that we could take our money and make it work differently, if not more productively, than it does stuck in a house. The latest iteration comes from a bloke at Craigs Investment Partners, who suggests if you put $100 into a house, in 30 years it's worth $600. But if you had done it with shares, it would be worth $1,100. Not just that, but the country would be better off. Those dollars would have been out and about investing in stuff, growing stuff, creating jobs, opening markets, and making the world a better place. That may well be true. Trouble is, that's a long-term view and most of us don't have long term views. The view most of us have is: what's happened to New Zealand shares so far this year? Answer: they have gone backwards. In the year to date they are down 1.4%. Mind you, housing is hardly booming. And if you want a glass half full, shares in New Zealand in the last five years are up almost 10%. Houses are most certainly not up 10% in the past 5 years. It may change with the time. One child of ours started buying shares while at university. They are of the generation that believes they will never own a house. That's not true of course – they will, but they also have a portfolio. But the perception could be the key. If housing is perceived to be unobtainable, what is obtainable? Maybe shares. But credibility is also an issue. Shares can be blue chip or meme-type stock. You can invest, or you can punt. Stock can be priced to perfection, or it can be solid as a rock. You can be in Fisher and Paykel Healthcare when Covid arrives, or Air New Zealand when Covid arrives. It requires a lot, whereas a house is a roof and shelter and a thing you can show your mates and have a BBQ at. Houses are easy and they hardly ever lose you money over time. To get people to shift, especially when it comes to money, the pitch has to be compelling. In an uncertain, crazy world, is a stock market compelling? See omnystudio.com/listener for privacy information.
Air New Zealand's new CEO appointment isn't a shock within the sector, according to one expert. Chief Digital Officer Nikhil Ravishankar will step up to replace Greg Foran in October. Forsyth Barr Head of Research Andy Bowley says he's unsure whether this appointment suggests a lack of international interest. "There's been a reasonable understanding that he was one of the leading - if not the leading - internal candidates. So in that regard, it's not necessarily a surprise." LISTEN ABOVESee omnystudio.com/listener for privacy information.
FIRST WITH YESTERDAY'S NEWS (highlights from Wednesday on Newstalk ZB) When Is a State Not a State?/Gangs Boil My Blood/How Laws Get Changed/What We Want from Air New Zealand/Panic IndicatingSee omnystudio.com/listener for privacy information.
Air New Zealand's new CEO appointment isn't a shock within the sector, according to one expert. Chief Digital Officer Nikhil Ravishankar will step up to replace Greg Foran in October. Forsyth Barr Head of Research Andy Bowley says he's unsure whether this appointment suggests a lack of international interest. "There's been a reasonable understanding that he was one of the leading - if not the leading - internal candidates. So in that regard, it's not necessarily a surprise." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Air New Zealand has unveiled its plan for its new flagship Koru Lounge at Auckland International Airport. Air New Zealand customer general manager Alisha Armstrong spoke to Ingrid Hipkiss.
The news of the day, politically, is that surcharges are gone, as the Government's just banned them. You know what I'm talking about here, right? They're the little extra amount that you get pinged when you turn up at the dairy and you use your credit card, or you use your paywave - it's gone from May next year. The big sell behind this is basically that it's to help you with the cost of living crisis. Now, I hate to do this because I know you're thinking, "Oh, yay." And I'm totally gonna rain on that parade for you. Don't get excited, this is gonna fix nothing. You are still gonna end up paying that cost somehow, probably just through the cost of the bottle of milk that you're buying. Or your haircut, or your sushi or whatever it is - it's gonna be built into the price because the business still has the cost. Nothing is changing there. They've still got to pay that merchant fee. Now, a merchant fee is a very complicated set of charges which the business gets lumped with. And most businesses actually have no bloody idea what makes up that merchant fee. There's a fee from the credit card companies, there's a fee for moving money from the banks, there's the EFTPOS providers - the whole thing gets lumped into the merchant fee and that has not gone away. What's only gone away is the business's ability to be able to recover the cost of some of that through the surcharge. And by the way, the cost of that thing is actually quite big. I've read about one business - just one shop - that pays about $14,000 in a year just for that, just for the merchant fee, to be able to do business electronically. Now, what's going to happen if you go to that shop is, because that guy can't now pass it on to you with a 2 percent, 0.7 percent, 1 percent surcharge or whatever, he's simply going to add it to the cost of his product so that across the year, he makes that $14,000 back. Also, another reason why you shouldn't get excited about it is that this ban does not include anything that you buy online. So you're buying your Air New Zealand tickets? You're still gonna be paying that little $6 handling fee. You're buying some tickets for a concert from Ticketmaster? You're still paying that handling fee. Maybe you want to head along to Banksy? Yep, you're still gonna be paying yourself a nice little $8 handling fee. And the problem with that is that these are some of the most egregious examples, I would have thought, of surcharges just bearing no resemblance to reality - but they still slip through this. So instead of actually sorting out the backroom problems and the real gnarly issues - what has been charged by the banks and the EFTPOS companies and the credit card companies and really excessive surcharges - the Government's just taken the easy option and brought in a ban on the little stuff you buy from the dairy. Good headline. Unfortunately, though, just a charade. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The news of the day, politically, is that surcharges are gone, as the Government's just banned them. You know what I'm talking about here, right? They're the little extra amount that you get pinged when you turn up at the dairy and you use your credit card, or you use your paywave - it's gone from May next year. The big sell behind this is basically that it's to help you with the cost of living crisis. Now, I hate to do this because I know you're thinking, "Oh, yay." And I'm totally gonna rain on that parade for you. Don't get excited, this is gonna fix nothing. You are still gonna end up paying that cost somehow, probably just through the cost of the bottle of milk that you're buying. Or your haircut, or your sushi or whatever it is - it's gonna be built into the price because the business still has the cost. Nothing is changing there. They've still got to pay that merchant fee. Now, a merchant fee is a very complicated set of charges which the business gets lumped with. And most businesses actually have no bloody idea what makes up that merchant fee. There's a fee from the credit card companies, there's a fee for moving money from the banks, there's the EFTPOS providers - the whole thing gets lumped into the merchant fee and that has not gone away. What's only gone away is the business's ability to be able to recover the cost of some of that through the surcharge. And by the way, the cost of that thing is actually quite big. I've read about one business - just one shop - that pays about $14,000 in a year just for that, just for the merchant fee, to be able to do business electronically. Now, what's going to happen if you go to that shop is, because that guy can't now pass it on to you with a 2 percent, 0.7 percent, 1 percent surcharge or whatever, he's simply going to add it to the cost of his product so that across the year, he makes that $14,000 back. Also, another reason why you shouldn't get excited about it is that this ban does not include anything that you buy online. So you're buying your Air New Zealand tickets? You're still gonna be paying that little $6 handling fee. You're buying some tickets for a concert from Ticketmaster? You're still paying that handling fee. Maybe you want to head along to Banksy? Yep, you're still gonna be paying yourself a nice little $8 handling fee. And the problem with that is that these are some of the most egregious examples, I would have thought, of surcharges just bearing no resemblance to reality - but they still slip through this. So instead of actually sorting out the backroom problems and the real gnarly issues - what has been charged by the banks and the EFTPOS companies and the credit card companies and really excessive surcharges - the Government's just taken the easy option and brought in a ban on the little stuff you buy from the dairy. Good headline. Unfortunately, though, just a charade. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Air New Zealand thinks its use of AI will help it avoid flight delays. Air New Zealand's chief digital officer Nikhil Ravishankar spoke to Corin Dann.
New Zealand airports and its national carrier may be suffering the winter blues in new data showing the punctuality of global air travel. The June figures base its rankings on flights arriving and departing within 15 minutes of schedule. Air New Zealand has dropped to tenth in the Asia Pacific region after sitting in the top five earlier this year. No airport in the country cracked the global top 20. Air New Zealand General Manager of Airports Kate Boyer told Heather du Plessis-Allan the seasons play a big part in this. She says it's impacted by the likes of de-icing, foggy days, and storms throughout winter. LISTEN ABOVE See omnystudio.com/listener for privacy information.
If you're in a position where you can upgrade your seat for a long haul flight, there's still a debate to be had about which seat is better. Air New Zealand's Skycouch allows travellers the freedom to lie down on the plane - but how does it compare to the reclining seats in Premium Economy? BloggerAtLarge's Megan Singleton compared the two - and wrote a review on her blog here. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Families are booking holidays a year in advance to get an affordable escape and airlines and accomodation providers are wise to people sneaking off a day or so before official school holidays, one travel agent told Checkpoint. Air New Zealand expects more than 745,000 to take to the skies over the july break; 465,000 domestic and 280,000 international travellers. Associate Minister for Education David Seymour has previously warned parent condoned truancy, like taking days off to bag cheap flights, could result in prosecution. Managing Director of World Travellers Motueka Silvana Gottini spoke to Lisa Owen.
Welcome and 5th Anniversary Celebration- Will Townsend and Anshel Sag mark the 5th anniversary of their podcast- Discussion on the podcast's evolution alongside 5G and 6G technologiesNokia's Leadership in Drone and Robotics Consortium- Nokia spearheads a new European Union initiative named Proactive- Project aims to redefine emergency management and critical infrastructure- Projected revenue of 90 million euros by 2035- Involvement of 40+ European tech companies from 13 countriesT-Mobile's Partnership with Sail GP- T-Mobile's 5G network enhancing sailing competition broadcasts- Implementation of AI-enabled autonomous buoys and IoT sensors- Significant improvement in broadcast capabilities, from 10-30 Mbps to 16 simultaneous HD streamsAT&T's Fiber Network Milestone- AT&T reaches 30 million locations with fiber connectivity- Company on track to meet 60 million location goal by 2030- Discussion on the impact on bridging the digital divide and mobile network backhaulNvidia's European AI and 6G Initiatives- Partnerships with European operators for AI cloud development- Focus on sovereign AI and privacy-centric solutions- Collaboration with over 200 companies and universities for 6G research- Emphasis on AI-native wireless networks for 6GNew Zealand's First Private 5G Network- Collaboration between Spark and Air New Zealand at Auckland airport- Focus on logistics management using drones and robots- Implementation of digital twin and computer vision applicationsSpectrum Allocation in U.S. Politics- Discussion of the "One Big, Beautiful Bill" and its spectrum allocation provisions- Shift from 600 MHz sub-3 GHz to 800 MHz above 3 GHz- Debate on the merits of bundling spectrum allocation with other political issuesClosing Thoughts- Invitation for listener engagement and topic suggestions- Reminder of hosts' social media handles for further interaction
In today's episode, at least 290 people have been killed when an Air India plane bound for London crashed minutes after taking off from the city of Ahmedabad, Air New Zealand chief executive Greg Foran has been in touch with the Air India to offer his support, we have our weekly political panel, and we cross the ditch to talk to our correspondent in Australia.
Air New Zealand chief executive Greg Foran has been in touch with the Air India to offer his support after a flight to London crashed soon after take off in the city of Ahmedabad. He spoke to Ingrid Hipkiss.
The aviation industry and climate change: what are contrails? A 2022 IPCC report found that direct GHG emissions from the transport sector accounted for 23% of global energy-related CO2 emissions in 2019. Road vehicles accounted for 70% of direct transport emissions, while 1%, 11%, and 12% of emissions came from rail, shipping, and aviation, respectively. As the mounting effects of climate change continue to be felt worldwide, the aviation industry is pioneering a method to reduce its contributions. Namely, it is focusing on efforts to curtail condensation trails – or contrails – which are fluffy, white cloud formations that sometimes appear as airplanes fly through the cold, humid, and icy parts of the atmosphere. Because they are a combination of soot, water vapor, and particulate matter (such as NOx), when aircrafts pass through these areas, they form cirrus clouds that absorb the radiation escaping from the surface, and, in turn, trap the heat. This phenomenon could account for around 35% of aviation's total contribution to climate change — that's about 1 to 2% of overall global warming! Together, these contrails roughly triple the total global warming impact of aviation compared to CO2 alone. Therefore, it is imperative that the aviation industry find solutions to reduce the production of contrails. What the industry has come up with: 3 solutions One method of reducing contrails consists of replacing traditional fuels with biofuels made from plant or animal biomass, waste, sugars and ethanol (corn). Sustainable jet fuels can produce 50%-70% fewer contrails according to research conducted by NASA and the German Aerospace Center (DLR). Jets using alternative fuels release fewer soot particles, thereby creating fewer ice crystal formations, which ultimately reduces contrail production by extension. Though biofuels may initially form larger crystals, they fall more quickly and melt in the warmer air below.The second method involves developing electric or hydrogen-powered commercial aircrafts. Hydrogen is an attractive alternative to traditional aircrafts because it can be burned without emitting CO2 and is widely available. These aircrafts would either burn liquid hydrogen directly into their engines, or use gaseous hydrogen in a fuel cell system. With fuel cells, the hydrogen creates an electrochemical reaction that produces electricity to charge the aircraft's batteries while in flight. A third method involves redirecting flights to avoid contrail-inducing zones. Between 2% and 10% of all flights create around 80% of the contrails, so researchers have started developing predictive models that would allow airlines to identify and avoid contrail regions similarly to how they plan to avoid turbulence. The cost is predicted to be $0.5/ ton of CO2 equivalent. Furthermore, only minor adjustments to the routes of a small fraction of airplane flights is required, making predictive models highly attractive and cost effective. Some ChallengesWhile biofuels have great potential, they come with their own set of challenges. First is the issue of land use and its effects on agriculture. Producing three billion gallons of sustainable aviation fuel would require between 8 and 11 million acres of corn or 35 and 50 million acres of soybeans, depending on crop yields. This could impact food production and cost. Shifting to corn or soybean based fuels has also been found to produce significant adverse emissions impacts. Lastly, it's unclear whether sustainable fuels can meet the world's growing demand for aerial transportation. While hydrogen is attractive, it has lower energy density than fossil fuels, meaning that a higher onboard fuel storage volume is needed to cover the same distance as current fossil fuel-powered aircrafts. In addition, H2-powered large passenger planes would require significant changes to aircraft design, making it less cost effective in the short term when RD&D costs are considered (development of fuel cell technology and liquid hydrogen tanks, aircraft research, hydrogen infrastructure, fleet output, etc). Industry experts anticipate that it will take 10 to 15 years to make these important advancements. Lastly, contrail prediction models rely on a variety of input data, including flight trajectories, aircraft and engine parameters, fuel characteristics, and weather data. However, the availability and accuracy of some of these data inputs is still a challenge, as no standardization exists. Who is our guest? Matteo Mirolo is Head of Policy and Strategy, Contrails at Breakthrough Energy, an organization founded by Bill Gates to spur innovation in clean energy and address climate change. Prior to that he was sustainable aviation policy manager at Transport & Environment (clean transport advocacy group). Mirolo is also a member of the sustainability advisory panel at Air New Zealand. ResourcesIPCC Sixth Assessment Report: TransportThe contribution of global aviation to anthropogenic climate forcing for 2000 to 2018BiofuelsNASA-DLR Study Finds Sustainable Aviation Fuel Can Reduce ContrailsHydrogen could power the next-gen aircraft of tomorrowLand-Use Impacts of the Sustainable Aviation Fuel Grand ChallengeHow much biofuel would we need to decarbonise aviation?Hydrogen-powered aviationFurther readingAviation Contrails The missing policies on aviation emissions For a transcript of this episode, please visit https://climatebreak.org/eliminating-contrails-to-increase-aircraft-sustainability-with-matteo-mirolo/.
Just 60% of Air New Zealand's trans-Tasman flights jetted off on time last month. A report by the Ministry of Transport shows aviation performance for April. It reveals 82% of the airline's domestic flights were on time, taking off within 15 minutes of their scheduled time. Air New Zealand's highest cancellation rate was on its Rotorua to Auckland route, with just 52 of 65 scheduled flights flown. Associate Transport Minister James Meager told Mike Hosking these figures aren't acceptable, but will be helpful. He says it will help them focus on the regions that are suffering from poor performance. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Some complex airline problems might be solved with another type of aircraft now operating in an Auckland warehouse. Air New Zealand has teamed up with Spark, Ericsson and Canadian firm Cypher Robotics to deploy a robot-tethered drone. The airline and the telco said they worked together to create New Zealand's first private 5G network for business. Mark Beder, Spark New Zealand customer director for enterprise and government, says the size and height of the warehouse has presented challenges. "It's about how they can do this more efficiently and more effectively over time." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Air New Zealand is to operate a 171-seat Airbus service between Hamilton and Christchurch from 18 September.
Air New Zealand is bringing domestic jets back to Hamilton, for the first time in 25 years. Airbus A320 Jets will fly the airline's Hamilton-Christchurch route from September. It'll add about 25,000 seats a year between the cities. The airline's general domestic manager, Kate O'Brien, says it's one of their fastest growing regional routes. "We've had a number of our aircraft out - we're starting to see some of those aircraft come back into the fleet, which means that we can look to grow some of our domestic routes." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Repairs get underway in Auckland on Monday on an Air New Zealand plane left with a hole after it hit an air-bridge. Air New Zealand's chief safety and risk officer Nathan McGraw spoke to Corin Dann.
After five tumultuous years as head of Air New Zealand, CEO Greg Foran is preparing to hang up his wings this October. Between COVID-19 border closures, fleet delays, maintenance issues and other problems, it's fair to say the Kiwi flag carrier has had a rough half-decade – but how well has it weathered the storm? On location in Auckland, Australian Aviation's Jake Nelson talks to Foran about his tenure, what he might have done differently, and what might be next for the airline. Plus, Adam and Jake discuss the rest of the week's news, including Qantas' ongoing attempts to draw a line under the Joyce era. Jake Nelson travelled as a guest of Air New Zealand.
A new report suggests the increase in domestic air fares may be due to a lack of the right planes. In particular, airlines don't seem to have access to suitable 19-50 seat passenger aircraft. Air New Zealand has abandoned some of their regional routes - but the gap in the market hasn't been filled. Air Chathams chief commercial officer Duane Emeny speculates further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
More people could be set to fly Jetstar due to ongoing angst around aviation prices. This comes following a Commerce Commission complaint from a man who was stunned by the cost of an Air New Zealand direct flight to Wellington. The airline defended its prices, saying their fares reflected the 'true cost of flying'. Jetstar CEO Stephanie Tully told Mike Hosking travel remains important to people, and they play an important role. She says most people are feeling a cost of living pressure, and that's where Jetstar becomes a good choice. It's also seen an uptick in reliability. Tully says that based on their operational performance report, they were more reliable than Air New Zealand in March. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Greg Foran knew his time with Air New Zealand was limited from the get go. The outgoing CEO announced his resignation in March, planning to stay on until October. He began at Air NZ in early 2020, replacing Christopher Luxon. Foran told Mike Hosking he knew in the back of his mind he'd probably only do about five or six years with the company, as he has other things he's keen to do. He says it's been one of the peak learning experiences he's had, and he's a far better leader today than he was before he took the job. He also weighed in on the country's tourism numbers. He's been in Rotorua this week for the national tourism industry summit, TRENZ. Foran told Hosking overseas visitor arrivals last year were only 87% of pre-Covid levels in 2019. He believes by this time next year, numbers will be back over 100% compared to pre-Covid. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Thursday 8th of May, our unemployment numbers look to have peaked, and we have the latest report from the advisory group for organised crime. Would you be happy if Mark Lundy moved into your neighbourhood? Should we know where a high-profile prisoner is reintegrating back into society? Outgoing Air NZ CEO Greg Foran gives his first in-depth interview since announcing his resignation. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) Let's Just Streamline This/Stay Classy, NZ/What Public Broadcasting Actually Is/Hosk Ruins it for EveryoneSee omnystudio.com/listener for privacy information.
At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Tory Whanau: 9/10 She scored it herself and why wouldn't you, shouldn't you, when you are as brilliant as her? God, she deserves a holiday. Donald Trump: 7/10 For the sheer madness, calamity and unbelievable amount of bullshit he has spouted in 100 days. You will never see the likes again, unless of course he runs for a third and fourth term. Auckland FC: 8/10 You can't argue with that execution of success. Have a dream, get a team and win the competition. That's brilliant! Canada: 7/10 Election of the year so far and will almost certainly beat tomorrow's in Australia, unless Dutton does a Morrison. And I'm not running odds on that. Toyota: 7/10 The All Blacks deal is a nice fit. How good will Tamaiti Williams look in a Yaris? James Meager: 3/10 For saying random stuff like he's looking into helping Air New Zealand into the regions and getting fares down. He's also looking to get butter under $4 a block. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.
The Commerce Commission has confirmed it will not be formally putting the cost of flying under the microscope. Rangitata MP James Meager has suggested the Government could help keep fares competitive by supporting regional airlines. It's been revealed some flights to Pacific Island nations are cheaper than certain trips within New Zealand. Commission Chair Dr John Small says flying short routes with low demand is very expensive. "There's no law against charging high prices - that's the reality of things in New Zealand. If it's a monopoly - on a monopoly route - it's potentially able to be regulated." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Air New Zealand wants to tap into more sustainable aviation fuel - to meet net zero emissions by 2050. It's aiming to cut well-to-wake jet fuel greenhouse gas emissions by 20-to-25-percent in five years, compared to pre-Covid. Air New Zealand's Kiri Hannifin says this is the main way airlines can de-carbonise. She says sustainable fuel is costly, but there's ongoing work looking at keeping airfare prices fair - especially for domestic travel. "Why it's so expensive at the moment is because there's hardly any available, so the more demand there is, the more supply there'll be available - and that will help get the prices down." LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Consumer Affairs minister is watching Air New Zealand's ticket prices closely and talks to the airline regularly. But don't expect government action anytime soon. The government's all but ruled out regulating prices and won't commit to a market study. Air New Zealand said its costs have gone up about 30 percent in the past three years and it's not price gouging. Commerce and Consumer Affairs Minister, Scott Simpson spoke to Lisa Owen.
Air New Zealand has announced a new climate action forecast for 2030, which it is describing as "guidance" on how it expects to perform rather than setting a target. Air New Zealand's chief sustainability and corporate affairs officer Kiri Hannifin spoke to Ingrid Hipkiss.
A businessman who tried to succeed in the New Zealand aviation sector says Air New Zealand systematically breaks down competitors to maintain their effective monopoly. Ewan Wilson spoke to Alexa Cook.
In today's episode, the Justice Minister Paul Goldsmith says Cabinet has agreed to reinstate a total ban on prisoners voting in general elections, Labor leader Anthony Albanese remains on track to become the first Australia Prime Minister in more than 20 years to win consecutive elections, the Green MP for Rongotai says the party's support remains strong in Wellington, despite Mayor Tory Whanau stepping down after one term, a businessman who tried to succeed in the New Zealand aviation sector says Air New Zealand systematically breaks down competitors to maintain their effective monopoly, and the Canadian Liberal Party has won a fourth consecutive term.
Checkpoint has been inundated with messages from people affected by the cost of Air New Zealand's domestic flights. That includes a Rotorua man, who instead of flying direct to Christchurch for work, leaves home at 1:30 in the morning to drive to Auckland Airport in order to save hundreds on air fares. An 18-year-old also can't come home for his first university holidays because of the cost of flights. Air New Zealand's chief financial officer Richard Thomson spoke to Melissa Chan-Green.
Air New Zealand has unveiled its new uniform, set to replace the colourful Dame Trelise Cooper design staff have been sporting since 2010. The new design was created by London-based New Zealand fashion designer Emilia Wickstead in collaboration with artist Te Rangitu Netana. Wickstead spoke to Paddy Gower.
On today's episode, Beijing has insisted it won't back down in the face of US President Trump's increasing tariffs on Chinese goods which now stand at 145 percent, Air New Zealand has unveiled its new uniform, we have our weekly political panel and Kerry-Anne Walsh brings us the latest from Australia.
Air New Zealand has yet to explain exactly what a passenger was carrying in their hand luggage that forced a plane to divert to New Plymouth on Tuesday night. Passenger Cally McKenzie spoke to Alexa Cook.
Auckland Airport is lowering its prices after the Commerce Commission said it was overcharging by $190 million. The Commission has today published its final report on Auckland Airport's 2022-2027 price setting event, concluding the Airport's forecast revenue is excessive and its targeted returns are unreasonably high. The Commission says businesses and consumers are the ones likely carrying much of this cost-burden. Last year Air New Zealand said the airport's charges were expected to add about $46 to the price of a domestic ticket by 2032. Last year the Commission issued a draft report suggesting prices were too high - and Auckland Airport said it would consider lowering them once the final report came through. Today, that report confirms the findings and as a result Auckland Airport said it would drop prices for the remaining two years of the price period. Commissioner Vhari McWha talks to Kathryn.
Kate O' Brien has been the General Manager of Loyalty at Air New Zealand for the past five years. Kate leads and holds responsibility for the Loyalty business including strategy development and execution, partner relationships and negotiations, airline loyalty tiers and benefits, data and analytics and P&L ownership.Hosted by Carly NeubauerShow notes:1) Kate O' Brien2) Air New Zealand3) Air Points4) Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. - Brené Brown
Four projects have been named by Treasury as ready-to-go public-private partnership projects as major banks and investment funds come to the country for an infrastructure summit at the end of this week.