Air New Zealand has emerged from Covid turbulence with a $214 million profit for the first half of the financial year, but it does not mean airfares will be any cheaper any time soon.
The national carrier has launched a temporary Gisborne to Napier service after Cyclone Gabrielle took out a significant chunk of State Highway 2 - the main route between the cities. Waka Kotahi estimates a fix is several months away.
Air New Zealand is offering sort term budget fares on life line routes, but boss Greg Foran explains why its everyday prices wont be budging just yet.
