Cut price Air New Zealand in the wings?
Air New Zealand confirms it's considering move to low-cost budget structure for flights under four hours
22 March 2002
Air New Zealand does not believe becoming a budget carrier would necessarily mean big job losses.
The airline has confirmed one option it is considering is moving to a low-cost budget structure, at least for flights that take less than four hours.
However Air New Zealand stresses the low-cost option is only one of several being looked at.
Spokesman David Beatson says becoming a budget carrier does not mean fewer jobs, because smaller aircraft are operated at a higher frequency.
He says whatever Air New Zealand does, it has to move quickly, or risk being squeezed out by Qantas and Virgin Blue.
© 2002 NZCity, IRN
Any one else heard about this?