New Zealand approves five-year extension of Cathay Pacific and Air New Zealand alliance

What does this mean for the two airlines?

The New Zealand Commerce Commission has approved a five-year extension of the alliance between Cathay Pacific and Air New Zealand. This will allow the two airlines to continue to codeshare on each other's flights, sell tickets for each other's flights, and align their frequent flyer programs.

Benefits of the alliance

The alliance has a number of benefits for both airlines. It allows them to offer more destinations to their customers, and it gives them access to each other's networks and expertise. The alliance also allows the two airlines to compete more effectively with other global airlines.

What does this mean for consumers?

The extension of the alliance is good news for consumers. It will mean that they will continue to have access to a wide range of destinations and competitive prices.

More choices

The alliance gives consumers more choices when it comes to booking flights. They can choose to fly on either Cathay Pacific or Air New Zealand, and they can book their tickets through either airline.

Lower prices

The alliance also helps to keep prices competitive. The two airlines are able to share costs and resources, which allows them to offer lower fares to their customers.

Why is this important?

The extension of the alliance is important because it ensures that consumers will continue to have access to a wide range of affordable and convenient travel options.

Economic benefits

The alliance also has economic benefits for New Zealand. It helps to boost tourism and trade, and it creates jobs.

Conclusion

The extension of the alliance between Cathay Pacific and Air New Zealand is good news for consumers and for the New Zealand economy.