Interesting.... I think Air NZ are the ones who stand to loose the most.
If you look at their annual reports from the year just gone, they both roughly made the same profit - however NZ had nearly $1B more revenue (so less margin).
Given Trans Tasman is much more of NZ's network, a 15% reduction on some fares will certainly make a dent in their results I would presume.... Some of the regional routes like DUN-SYD etc haven't yet seen the fare decrease... I wonder how long it is before DJ attempt some of those routes.
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