Air New Zealand confirms entry-level fare drop on over 40 domestic routes - but won't front with details

February 26, 2019

The national carrier hasn’t said just how many tickets will be available at the cheaper rates.

Air New Zealand has confirmed it's dropping entry-level prices by up to 50 per cent on more than 40 domestic routes.

The airline has been looking for ways to stimulate domestic demand since announcing a profit downgrade last month.

Prices are to fall by up to half on some entry level fares.

Chief executive Christopher Luxon was unavailable for an interview to provide more detail.

1 NEWS sought clarification on how many seats will be available, and if they will available at all times of the day, but an answer was not forthcoming. 

In a written statement, a spokesperson said: "The new fares are available for purchase from today for travel from 25 March 2019."

The Regional Economic Development Minister, a frequent critic of Air NZ, says he's taking its domestic fares announcement as “gospel”.

"Naturally, as the cheapest fare class, lead-in fares tend to sell first and we always recommend customers book early in order to secure the best possible deals."

Last month, the company announced they were expecting $340 million to $400 million in earnings, down from its earlier guidance of $425 million to $525 million.

This includes the financial impact of the global Rolls-Royce engine issues which continues to be challenging for the business, both commercially and operationally.

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