Air New Zealands Profit Announcement
Join Date: Jan 2008
Location: In my house
Posts: 42
Likes: 0
Received 0 Likes
on
0 Posts
I guess no one else has seen that Airways have been increasing their airways charges by around 80% per year over the last three years?
From the Airways website:
Airline prices
The final overall price increase is 10.6% in 2013-14, 3.5% in 2014-15 and 1.2% in 2015-16. This is an increase of just over 5% a year, or 15.7% over the three years.
As a consequence of the high quality of customer submissions, we have revised Airways’ price increase from the 23% proposed in February to 15.7% over the three years of the pricing period.
In addition, prior to these increases, there were no increases for the previous 11 years.
What about fares to and from phuckatarnae??
As for the fares I have no idea.
As a consequence of the high quality of customer submissions, we have revised Airways’ price increase from the 23% proposed in February to 15.7% over the three years of the pricing period.
Airways are very much a cost plus organisation with no concept of market forces. Airport companies are the same. As for CAA, they're digging themselves out of a big financial hole, caused by ballooning staff numbers and the unnecessary shift to new expensive building.