Air NZ’s ‘premiumisation’ could blow out beyond half a billion
National carrier’s investment will tap into segment of the market already seeing one-in-five long-haul flights into NZ in a premium seat. Local tourism should be following suit, it says.
Air New Zealand expects the budget for its $500 million upgrade programme to blow out, as the first of its 14 Boeing 787-9s heads into the shop in Singapore.
The two-year upgrade project – part of a $3.5 billion, five-year capital investment plan into aviation assets announced last May – started
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