Larry Williams Drive
Heather du Plessis-Allan: We should be pleased Air NZ is profitable
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:02:13
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Sinopsis
I'm gonna come to Air NZ’s defence. As expected, the airline just reported a decent profit of $213 million dollars, which is a whopper when you consider the $725 million dollar loss this time last year. It means that business has just done a billion dollar a turn around. They're already copping it from some for charging too much, and actually have been copping since analysts first started predicting this result two weeks ago. There is no denying Air NZ has made this money off the back of charging a lot more than they used to. Domestic ticket prices are 15-20 percent higher than last year. They're managing this by reducing the number of flights, which means because there are fewer seats, you have to pay more to buy one of the few seats available. Basic supply and demand. It is frustrating to fly Air NZ at the moment, I agree. The staff are often under the pump, the flights are late, they’re chocka. You struggle to get a seat and if you do, you struggle to change to a different flight on the day because of t