They are doing this to enhance tourism and also because their nearest rival Qantas Airways of Australia cut a fuel surcharge on some flights last week following falls in the international oil price. The government of Newzealand remain a majority owner of the airlines.
Chief executive Rob Fyfe is quoted to have said:
We are determined not to play at the margins and today’s announcement is a clear signal that Air New Zealand is taking a more fundamental and deeper approach to its business
They are also reviewing fares on international routes but cuts are unlikely.
Via: Playful
