nope.
Plenty of regional routes in NZ in not too distance future, will have no air service whatsoever.
KRA just needs to fill in where NZ is abandoning routes.
Catch is, aircraft can't be in 2 places at once.
Maybe, KRA is an easy way to start flying domestically in OZ, with NZL aircraft, NZL crews, NZCAA rules not CASA & NZL wages & conditions.
Look at Rex, who now have ~ 52 Saab 340's. How long since they've made a loss ?