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Air New Zealand leads aviation recovery

Air New Zealand leads aviation recovery

26 August 2010 Airline News

Air New Zealand has reported a four-fold increase in profits for 2009. The news – following positive results from Virgin Blue earlier today - prompted speculation the global aviation industry may be emerging from the recession.

Virgin Blue and Air New Zealand seek alliance

Virgin Blue and Air New Zealand seek alliance

4 May 2010 Airline News

Air New Zealand and Virgin Blue are seeking regulatory approval for an alliance, with the airlines hoping to challeng Qantas as the dominant force in the region. Regulators are expected to take around six months to review the applications prior to authorisation.

Air New Zealand to offer flat beds in economy

Air New Zealand to offer flat beds in economy

27 January 2010 Airline News

Air New Zealand is to offer flat beds in economy on its new fleet of Boeing 777-300 ER this November. The “Skycouch”, which is aimed at couples and young families, features three standard seats that can be changed into a single, flat space.

Air NZ secures aircraft deal

Air NZ secures aircraft deal

3 November 2009 Airline News

Air New Zealand is replacing its domestic fleet of Boeing 737-300s with $1bn worth of Airbus A320s. The first plane will be delivered in 2011, with the rest of the fleet gradually replaced by 2015.

Air NZ chief downbeat on recovery

Air NZ chief downbeat on recovery

6 October 2009 Airline News

Air New Zealand’s chief executive has predicted that the airline’s yields per passenger would not improve until the end of next year – at the earliest. Rob Fyfe said although passenger demand had recovered slightly – reflected by improved forward bookings – average fares paid per passenger, or yields, remained weak. The carrier’s bookings have grown on a year-on-year basis over the past several months,

Biofuel test suggests major fuel savings

29 May 2009 Press Release Airline News

According to one of the key findings from the Air New Zealand Boeing 747-400 Rolls-Royce powered test flight last year, up to 1.4 tonnes of fuel can be saved on a twelve-hour long haul flight powered by a 50/50 blend of second generation jatropha sustainable biofuel and traditional Jet A1.

New Zealand authorities launch price fixing action

15 December 2008 Press Release Airline News

New Zealand’s Commerce Commission has started legal action against 13 airlines for what it believes is “extensive and long-term cartel activity in the air cargo market”.The authority claims the airlines, including Air New Zealand, Qantas, British Airways and Cathay Pacifichave been colluding to raise cargo charges by imposing fuel surcharges for seven years. If found guilty, the airlines could face similar action, including heavy fines, as already imposed in the United States, Europe and Australia.