Aviation

Air New Zealand to extend international fare flexibility, as it preps for government-backed capital raise

Air New Zealand will extend fare flexibility for customers booked to travel on its international services and for those who currently have fares in credit.

Effective from Wednesday 17 February 2021, customers who hold an existing credit with the airline will now have until 30 June 2022 to make a new booking using their credit, and until 30 June 2023 to take the travel. This applies to both domestic and international credits.

Customers who book or currently hold tickets for international flights scheduled to depart up until 11:59pm on 30 June 2021 will now be able to either hold the value of their fare in credit for rebooking until 30 June 2022, or amend the date of their flight with change fees waived.

Air NZ’s chief customer and sales officer, Leanne Geraghty, said the extension of the policy means customers can rest assured their credit will remain valid for longer as circumstances continue to change.

“We’ve seen many of our customers using their credits already, and we’re hopeful Tasman and Pacific travel will be up and running over the coming months,” she said.

“For those wanting to go further afield, we recognise this may take longer, which is why we’ve extended the window for opting into credit, as well as the length of time people have to use that credit.”

The changes come as Air New Zealand prepares to complete an equity capital raise before 30 June 2021, which is being supported by the New Zealand government.

In a letter to Air New Zealand chair Dame Therese Walsh, New Zealand’s Minister of Finance, Grant Robinson, confirmed the government’s “longstanding commitment” to maintaining a majority shareholding in the airline, “given the critical role that the airline has in New Zealand’s economy and society”.

“Subject to Cabinet being satisfied with the terms of the company’s proposed equity capital raise, the Crown would participate in that capital raise in order to maintain a majority shareholding.”


Featured image source: iStock/naruedom



SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Tourism

Colorado Tourism Office say G’day to the industry

The Colorado Tourism Office joined media and travel titans last Friday at Bentley’s in the Sydney CBD to reconnect with the Aussie travel industry.

Share

CommentComments

Aviation

Bonza calls on Aussies to name its first plane

Some of the names suggested so far include Purple Rippa, Bonza Bruce, and Kimbo. We challenge you to come up with something more Aussie sounding than that!

Share

CommentComments

Aviation

Qantas increases international connection time to reduce mishandled baggage

The upside of all these missing bags is that you no longer have to sprint through the airport to catch your connecting flight. Although we’ll miss the rush.

Share

CommentComments

Events

Missed the Visit USA Expos? Fear not, we’ve got your biggest questions covered.

by sponsored by Visit USA Australia

No more FOMO! These hot tips will get you in top-tip shape to visit the USA.

Share

CommentComments

Travel Agents

TravelManagers’ TCF Launch Applauded by PTMs

by Sponsored by TravelManagers

We hope you’re an AL (acronym lover), because this headline has plenty to go around!

Share

CommentComments

Tourism

G Adventures to relaunch Bhutan trails

These trails are kind of like the Bondi to Bronte walk, except completely different in almost every aspect.

Share

CommentComments

News

Industry movements: New hires at Intrepid, TravelManagers, Silversea and more

Keep tabs on all the latest movements in the industry, find who you need to shmooze at the next networking event and suss out all the latest gossip right here.

Share

CommentComments

Cruise

Coral Princess brings cruising back to Newcastle

Cruising has returned to Newy, marking more opportunities for the locals to hang out by the water and wear thongs.

Share

CommentComments

Hotels

Soneva introduces cryptocurrency payments at its resorts

This new update could mean that other travel companies may soon accept crypto, and then someone may finally buy our Travel Weekly NFT!

Share

CommentComments

Tourism

Paul Hogan gets top Tourism Australia honour

Hogan was reportedly quite happy with the award, but quietly disappointed that it wasn’t a knife which he could compare with his larger knife.

Share

CommentComments

News

Jucy to expand rental car fleet with $40m worth of new inventory

Jucy is a vehicle rental operator, not the company that makes those pink velour track pants, in case you were also a bit confused.

Share

CommentComments

Aviation

Qantas group engineers vote to strike

More than 700 Qantas, Jetstar and Network Aviation’s maintenance engineers are in favour of industrial action over pay negotiations.

Share

CommentComments