Airports, Consumer NZ, and NZ Airports Association call for increased oversight of airfares due to monopolies and limited supply driving up prices.
Airports and Consumer NZ call for increased oversight of airfares, with concerns over limited supply and monopolies driving up prices. NZ Airports Association accuses Air New Zealand of exploiting its 86% market share to push up fares, while airlines claim the lack of government action to boost competition is leading to high fares. Stats NZ data shows domestic airfares rose 7.4% in February, adding to the cost of living for New Zealanders.
March 13, 2024
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