Route network update for Air New Zealand
Pasifika Air’s launch plans in New Zealand are still on hold
10.05.2021 – 14:37 UTC
The launch of Pasifika Air (Christchurch) is still on hold despite the opening of a two-way travel bubble without a quarantine between New Zealand and the Cook Islands on May 17, 2021.
This was confirmed by Blake Crayton-Brown, Senior Communications Advisor for the New Zealand Civil Aviation Authority, who informed ch-aviation by email that “the Pasifika Air certificate application is currently pending.” .
Pasifika Air founder and CEO Mike Pero told Radio New Zealand that the airline is pursuing certification “which is a long process,” but hopes to take off by the end of the year. Pero was not immediately available for comment on ch-aviation.
Renamed Jet Raro (Christchurch), Pasifika Air began its certification campaign on December 1, 2020, originally hoping to launch in May or June 2021, with premium services three times a week from Christchurch and Wellington to Rarotonga. in the Cook Islands.
Pero welcomed the opening of the two-way travel bubble, but felt it would take time for travel demand to return ….
Garuda Indonesia Drops Price-Fixing Appeal, Fined $ 15 Million
22.04.2021 – 03:27 UTC
The Australian Federal Court ordered Garuda Indonesia (GA, Jakarta Soekarno-Hatta) to pay an Australian $ 19 million ($ 15 million) fine in a global air cargo pricing case after the Indonesian national carrier has dropped its appeal against the sanction. collected two years ago.
Garuda had withdrawn its June 2019 appeal against the May 2019 judgment, which found it colluded with other airlines on charges and surcharges for air cargo services for a wide range of consumer goods between 2003 and 2006, said the Australian Competition & Consumer Commission (ACCC). in a report. The case was part of a long-standing ACCC action against a global price-fixing cartel in the air cargo industry.
Given the crippling effects of COVID-19 on the airline industry, the court ordered Garuda to pay the fine in monthly installments between December 2021 and December 2026 and contribute to the costs of the ACCC. Under court orders, if Garuda misses a monthly payment, the entire amount outstanding becomes due within 30 business days.
“What is important…
Air New Zealand postpones fundraising and expands loan facility
04/12/2021 – 22:56 UTC
Air New Zealand (NZ, Auckland Int’l) has chosen to postpone its planned capital raising for three months while securing an increase in its government loan facility, the airline and the government said on April 9, citing the evolution of the market situation.
The loan facility made available to the carrier in March 2020 has been extended to a maximum of NZD 1.5 billion (US $ 1.06 billion) – an additional NZD 600 million (US $ 422 million) – available for 16 additional months until September 27. , 2023.
Air New Zealand has postponed its proposed capital increase until later this year, now slated for September 30, a move to “give them more time to assess market conditions,” said Grant Robertson, Minister of Finance. Finance and Deputy Prime Minister. He also reiterated the will of the government – already its majority shareholder with a 52% stake – to participate.
The national carrier said it now has enough cash to move on to fundraising through the expanded loan facility.
Airline President Therese Walsh explained that …
All but Virgin Australia are gearing up for the Trans-Tasman bubble
08.04.2021 – 02:35 UTC
Qantas (QF, Sydney Kingsford Smith), Jetstar Airways and Air New Zealand prepare to resume flights between Australia and New Zealand when a two-way Trans-Tasman bubble opens for non-quarantine travel on April 19, but Virgin Australia says it won’t operate most of its New Zealand routes until Oct. 31.
In a surprise gesture, Virgin Australia said it was taking “a more pragmatic approach”. Although he remained committed to Trans-Tasman flights after the market fully recovered, he was “aware of evolving border requirements which add complexity to our business as we continue our plans to grow our domestic operations. base in Australia ”. For this reason, it had suspended the sale of most of its New Zealand services until October 31. A limited schedule for flights to and from Queenstown (New Zealand) would remain available for booking for services from September 18.
Due to the impact of COVID-19, Virgin Australia suspended New Zealand scheduled services in March 2020. “Since then, and given the change in border restrictions, the airline has taken a more pragmatic approach. .