Price Cuts in Air fare between Air New Zealand and Jetstar make Tickets Cheaper for the Second Week
The domestic airlines are now in a price slashing war trying to attract the customers.
The price tussle started between Jetstar and Air New Zealand one week back when, the low cost airline of Qantas revealed the addition of Nelson, Napier, New Plymouth and Palmerston North to its regional network.
The carrier sold 16,000 flight tickets priced at $9 when it launched on August 31and Air NZ was not lagging behind and responded almost immediately by matching the fares at $9 on its 'Grabaseat' website.
The newly sparked competition between the airlines which was earlier only limited to Auckland, Christchurch, Wellington and Queenstown was likely to dip the air fares all over the country. Till now, it is playing its part as expected.
Right now, the airlines are moving neck-and-neck in competition as the recent regional flight prices are set somewhere between $35 and $49.
The flights from Auckland to Napier have the cheapest airfares offered by Jetstar. Air NZ has also reduced its prices for some regional areas such like Queenstown to catch up with the competition of offering the lowest air fares.
Last month, the CEO of Air New Zealand, Christopher Luxon said that he felt "really comfortable" with the carriers ability to compete. Air New Zealand also holds a twenty six percent share stake in Virgin Australia.
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