Larry Williams Drive

So David Seymour’s right about Air New Zealand - but he’s also wrong about Air New Zealand. Before we get to why, let me bring you up to speed on what’s happened with the airline today, because the news is not good. Air New Zealand has posted a half-year result showing a $59 million pre-tax loss, which is slightly worse than expected. And to be fair to Air New Zealand, a lot of this really isn’t their fault.  They’ve had not one, but two engine types in their fleet causing them trouble. And the economic downturn we’re experiencing in New Zealand - the worst in most of our lifetimes, you have to go back more than 50 years to find anything as bad - directly affects their earnings.  If we don’t have money, we’re certainly not spending money on flights. But some of this is their fault. They’re squandering customer loyalty with poor on-time performance and a tired, diminished Koru Club offering. And this is where David Seymour is right when he says, “Go woke, go broke.” Because part of the reason Air New