.....but revenues (money in the bank) are less than same month last year ....and for the year to date
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Good recovery today in an otherwise weak market overall...
Jetstar getting terrible press over cancelled flight to Auckland meaning people missed out on Adele. Their social media is a mess full of complaints. Bodes well for AIR NZ domestically. They only have one competitor Jetsar which has a pretty dismal reputation.
I think it really depends on the type of traveler, someone on business i'd think AirNZ has that one pretty well locked down, especially koru users. Those connecting with international flights i'd think the ease of having a single ticketed connecting flight again AirNZ would come out on top there.
However, AirNZ market share has gone down, with one report putting it at 80% market share down from 84%
http://www.infometrics.co.nz/regiona...on-passengers/
I guess the question is who those travelers are, I used jetstar frequently when I was in NZ as I didn't have checked luggage, I didn't mind if my flight was delayed slightly (no connections) and the price was often significantly cheaper unless AirNZ had a sale. Looking at my fellow travelers they definitely seemed to be more price conscious, and maybe AirNZ doesn't want these travelers, they would be low margin clientele.
I think these are two completely different airlines with different business models, unfair to constantly compare the two.
I hear that for example here in Nelson we are experiencing a large number in tourists flying in on Jetstar. With the road closed down the east coast many of the so called freedom campers which we are swamped with here, are flying between islands instead of taking the ferries and then picking up a van here (happy THL holder:-) ) and driving on down the West Coast, which is also bursting at the seams with inflow of tourists. The roads are also struggling with the traffic leading to lots of unscheduled road repairs, which has become very frustrating for road users.
I know this is only a recent and a very small part of domestic air travelers but I think the Kaikoura earthquake has certainly made a huge difference on how people in the South Island travel these days. I would suggest many more are flying down here, benefiting both AIR and Jetstar.