This is one of the coolest episodes we've ever made! I asked Greg to take us under the wing of a parked plane and he didn't disappoint. Part Two of this interview is coming out next week. Enjoy
I’m also curious about the impact, short-medium term, of online communication platforms like Zoom and Google Meet. You can eliminate a lot of non-essential travel through those, and that trend is only expanding into personal and educational travel. High level business and pure leisure will remain core markets for commercial airlines, but the rest is giving way to influencers, entertainers and other corollary products like freight. The latter saved the industry during Covid19, and is a growth sector.
Would love to see investment in long haul flights out of Christchurch, 787s out of Wellington to Melboune, Sydney and Brisbane would be excellent too even if it was just seasonal.
I'm probably going against the grain here but as a long time investor I'm quietly optimistic about Greg's current strategy, you have to give him credit given the cards him and board have been dealt. Lemons come to mind and when you have lemons you make lemonade, the problem is it's a little bitter hopefully over these next 12 to 24 months Greg and the team can sweeten up the flavour profile. Go well looking forward to part 2 🙏
Disagree. His decision making during covid especially round engineering was short sighted and amateur. This company will never get back to what it was.
@@HypaWave1701rest assured Greg wouldn’t approach a pandemic the same way he did. He’s made that clear. At the time, there was no right or wrong moves - no one had a crystal ball don’t forget.
Absolutely😮 what a question, Madison! The international airline delivers a significant amount of intangible economic value to New Zealand, including the “country of origin label” (CoOL) brand. I’m not saying it should continue to run at a financial loss. Airline management design the organisation to shrink and expand within tolerances. The fact that Mr. Foran is “frustrated man” is proof that the market isn’t slowing down, and the airline is missing opportunities due to a key supplier’s issues. Since Air New Zealand does have power on demand contracts in place (to my knowledge) and hopefully did on the P&W plant agreement. Revenue may have fallen but I’m not certain that profitability would have been as significantly impacted. Apologies if I’m talking through my hat. 🎩
He needs to be a more aggressive CEO, the new york flights are half empty because qantas are taking potential passengers, qantas needs auckland airport to compete on the NY direct route, block qantas like what qantas does to carriers at its hubs in Australia, make a worst case scenario pitch to the government to ensure auckland airport management falls into line. He needs to head up a group of affected airlines to hold RR and PW to account. Sue them for faulty engines, get GE to back the lawsuit in exchange for supplying all future engine's to all the affected carriers. It aint rocket science
Another good interview Madison If international fares dont even cover the cost of capital (as greg said), why the heck are they still doing it? And if international is 2/3 of their business (as greg said), this explains the price gouging on domestic fares. But he goes on to say he wants to expand international, which brings his initial comment into serious question I think if greg has to refer to the cost of drycleaning affecting their business, he is taking the mickey.
Having just completed a mangement role in an Australian aviation business , the cleaning costs are actually extremely high ..I always hang my washing out to dry...
@@struanrobertson2609 really..... It's $20 a jacket. 3 jackets per plane. And unless the pilots are really messy, they dry clean their jacket every 20 flights = $3/flight = $0.012/passengers ticket
Flew back from Bali this week on Air NZ. No cup of tea or coffee in morning. Was told 6hr + not enough time to make one. Hmmm 🤔 the standards over all were atrocious. Apparently they must have cut costs
I might have been to blame for that. Was on that flight weeks ago and told them they spent far too much time on hot drinks and were way too slow on the cold trolley.
They should never have got rid of the 777-200 aircraft after Covid. Other airlines are still using them and making money. The A321 which replaced them on Trans Tasman routes have left them short hence the price and capacity issues. I'm Gold Elite with Air New Zealand but my next trip to Australia is on Emirates ex Christchurch due to being a third of the cost.
Air New Zealand was our go to from Los Angeles to Heathrow and Los Angeles/New Zealand and we were on one of their last flights from Auckland/ Los Angeles in March 2020. It’s so good to see them flying again but fares have definitely escalated. My main issue with this company are the legacy flight attendants who are there for a few hours and once meal time is over , boom they are down below sleeping . There’s a few really unpleasant ones and it’s like they aren’t really bothered.
Yes most definitely they are one of the best Airlines to fly on in the World . Those beautiful Black and White planes carrying design,s of N Z heritage on there bodies. Keep flying for ever .
As an island nation that is already 3+hrs from another country by plane, the idea of the national carrier “exiting long haul” is a total joke. If ever the time came that Air NZ was struggling so badly that it couldn’t afford those planes, the government should step in.
they are not making money because they made many poor strategic choices in the past that they are unwilling to rectify. they are also hemmed in by auckland airport, and they are unwilling to invest in long-distance direct to Christchurch (even though their target tourism profile certainly are not flying to nz to just see auckland...)
Air New Zealand is a perfect airline with an incredibly advanced fleet for a population of 5 million, if we don’t have them internationally, which they are coping with and we need, it will just be a welcome to more greedy international carriers.
I’ll “call it my own” if it doesn’t gouge on domestic routes, cancel flights frequently with zero notice and leave on time. Internationally I’ll always search for alternatives before booking AirNz. Their prices are simply too high relative to other players and the domestic service leaves a sour taste in my mouth, wanting to cleanse it with the likes of Emirates etc.
The Air NZ turboprop fleet are an older design, not a lot of choice in that market, be interesting to see if the next gen Fokker & Deutsch Aircraft (Dornier) get off the ground.
Nothing rough about jetstar. at 79 bucks to queenstown one can't expect a lot. Fact is air nz have been gouging us for decades and as a taxpayer have bailed them out twice, I have no love for them.
I don't get how Air NZ is not making a fortune. They are enjoying great revenue on domestic flights and airfares are at record highs on international routes. Yes, Air NZ has to pay a bit more for their fuel (more fool them for not protesting the closure of Marsden Point refinery), but in general, flights are full everywhere and airlines are recording boom profits (look up Emirates recent results). Foran is not a visionary leader - he's a cost cutter. Prior to him, Luxon was a buffoon. The re branding is Sh/t and the dropping of key routes was very shortsighted. During Covid, Air NZ should have picked up some cheap aircraft. There were airlines crushing A380's and 777's. Unless Foran though the pandemic would last forever, why didnt we buy some of these cheap airframes?
4th choice airline for me internationally from Auckland. Used to be a great airline 30 years ago. Worst airline across the ditch, service is very poor.
Air New Zealand needs to stand up to Qantas and stop them from picking up passengers from Auckland to to New York. The New York, Chicago routes that were introduced by the bold headed CEO are not viable for the airline. Cancel them. Restart the LA to Heathrow routes and increase flights to Asia. That’s where the money is.
Interesting that he talks about RR Trent 1000 engines being a problem, but if they'd chosen General Electric they would be smiling...well they had this problem before with RR Trent 900 engines...obviously didn't learn from that, that there is an inherent design/manufacturing fault in the Trent series, with similar issues with Pratt & Whitney. Once bitten, shame on you..twice bitten, shame on me, IMHO. Of course I realise to change brands requires huge cost increases in engineering....however...it's costing $100million at present...
Bring tourists into Auckland and you can bilk them again in domestic flights as they head to Queenstown and West Coast. Aucklanders can’t see past the Bombay Hills
For a long time Air NZ was the only player in town to the USA so could and still do charge like a wounded bull. Must be eating into there profits. Cheaper to fly to Australia to catch flights to Asia and America. Now Jetstar going to fly Hamilton and Dunedin to Australia they must be pissed!!!
AirNZ has cramped seating, small food trays, poor food and cabin staff chosen for inclusivity instead of suitability. The unprofessional, raucous, obese, elderly and crippled seem perfectly acceptable as cabin staff without regard to passenger comfort and experience. This is a big change over time for this airline. On arrival in Auckland, I watched the cabin crews of an AirNZ flight and a Singapore Airlines flight walking to their busses. The difference was embarrassing to a New Zealander. Having just experienced both airlines on a long haul from London, Singapore wins hands down. Why not aim a little higher
Why doesn't Air NZ back a third airline carrier in the oz market? Qantas and its almost monopolistic power wouldn't like it. Gov needs to separate Jetstar from Qantas for any third airline to have a chance and minimise Qantas' power from retaliating or colluding f they did..
@@MarketsWithMadison Madison, my quite innocuous comment/s and many others are repeatably censored not only on this YT channel but many others. The fact YT even like to hide peoples comments under the "newest" tab is evidence in itself of censorship would you not say? Anyway, my comment was just a 3 point criticism of Air NZ & where they are going wrong, being that I am a substantial shareholder in this disaster.
@@tradetech7889 I too am 'Ghosted' by YT for some comments I make here and on other YT channels that I use and even a paying subscriber to. Once YT 'evaluate you' (and you have no way to defend yourself in their system) and decide that your comments breach their guidelines (and hidden agenda guidelines I would add), you are marked and censured by any commentor contribution that you make. Until YT get bought out or get taken to some court tribunal for infringing on 'Free Speech' or having heavily unbalanced censorship (don't hold your breath), it will stay that way.
shame this CEO isn't running qantas. alan joyce was so dogged in earning his annual bonus that he ran the airline into the ground. it's gone from being a premium product to an unreliable ripoff. sounds like airnz is in good hands.
He is so negative about the AIR NZ perspectives. As a shareholder, I want to change CEO, he does not have resolutions, only talking about factors, rather than future business strategy.
Future Business Strategy is new aircraft orders, deliveries for most airlines is a challenge, currently ANZ is still waiting on 8 787s and 4 A321s after that any new aircraft will be well over 10 years away, I don’t think any CEO could change that
I’m not proud of our national carrier It’s been ripping kiwis off for decades. Glad we’ve got more options now, and people are over them Their whole campaign of connecting kiwis comes at a financial cost which ain’t worth it
Air NZ as a passenger airline, should be sold. It’s a disgusting noose around the taxpayers neck! So far 2 massive bail outs and 1 massive loan from the taxpayer. Air fares sky high and ridiculous, no refunds for unused air fares during Covid - credit notes that were hard to use if ever used. It’s cheaper to fly to Aussie on return than to fly with Air NZ to Queenstown! RR engines that are no good. Is this an airline run by mafia or what? Personally I would rather stay at home and not travel - if I had to fly with Air NZ.
If I think about business travel, a significant component of bog standard economy class in and out of NZ, (and I speak from experience! 😅) is on Air New Zealand. And a reasonably full business class in general attests to a small but loyal customer group. Airpoints mount up reasonably quickly to ensure lounge access, upgrades etc. Definitely a two-way street from end user point of view!😊
Booking ahead costs you more in risk. If you get sick or circumstances change you’ve just wasted your money. Also it’s doesn’t matter if I book ahead three or four weeks the prices are still silly.
I know for a fact people from Dunedin/Invercargill ARE taking the InterCity to CHC instead of being pinged $400 and up to get to CHC by AirNZ, how do I know because I drive that route for InterCity and some are not the low income people either, they tell me they had gutsful of AirNZ
I think the CEO is the problem. Compared to Luxon he’s well off the pace and the board needs to act soon. I’m an elite gold and have noticed the service has dropped significantly since Foran has taken over. It’s starts and stops at the top.
Are you taking the piss? I’m Gold Elite with Air NZ and Platinum with Qantas. While the lounges are great (First Lounges for international) Qantas service is shit. Air NZ is amazing. Yes the business class sucks but it’s being replaced. The free upgrades from air nz to upgrade any international flight is amazing 🎉 - Qantas is luck of draw. Which I’ve only had once in my 5 years with them as P1 and P.
@@bradroberts2465 You better believe I’m “taking the piss” out of you if you think the issues Air NZ are facing are down to Foran being the CEO instead of Luxon lmao
Air NZ is a dog of an airline. I fly several times each year ( for past 40 years) always with Singapore or Southern China Airlines. Better service, better prices. Air NZ has been broke at least three times and bailed out by taxpayers. Needs to be managed by an other airline who really knows how to run an airline. Air NZ trying to be something that they are not and will never be.
@@plazma1215 I have actually flown with Air NZ in the past. After Covid two of my flights were cancelled Singapore gave me an almost full refund within four weeks after a one time application. Air NZ played the fool for nearly two years many phone calls and long phone call waits, as they do not give refunds to their international passengers. Additionally Air NZ have been given close to $2 billion taxpayer dollars under Helen Clark and more recently given another soft loan by Jacinda Arden of $840 million taxpayer monies. Air NZ needs to get their act together or get out of the business.
![[MV] A leap of faith...ความเชื่อใจครั้งสุดท้าย (From "Petrichor the series")](http://i.ytimg.com/vi/U1piZH2CNXA/mqdefault.jpg)
This is one of the coolest episodes we've ever made! I asked Greg to take us under the wing of a parked plane and he didn't disappoint. Part Two of this interview is coming out next week. Enjoy
Agree! Awesome job 👏🏼!
My favourite industry sector to follow to gain hugely transferable insights!
I’m also curious about the impact, short-medium term, of online communication platforms like Zoom and Google Meet. You can eliminate a lot of non-essential travel through those, and that trend is only expanding into personal and educational travel.
High level business and pure leisure will remain core markets for commercial airlines, but the rest is giving way to influencers, entertainers and other corollary products like freight.
The latter saved the industry during Covid19, and is a growth sector.
personally i love travelling airnz internationally and hope to do so in the future
Congratulations on a great interview. Also, excellent explanations from Greg Foran... probably the most coherent, clear and logical I have seen him.
Would love to see investment in long haul flights out of Christchurch, 787s out of Wellington to Melboune, Sydney and Brisbane would be excellent too even if it was just seasonal.
@@blairjohnston7922 Hear hear. We need more CHC international flights. They are basically air Auckland.
@@blairjohnston7922 Air NZ already have a severe lack of planes
Totally agree
Such good interviews.......thank you so much for your cool level and sensible approach Madison.
I'm probably going against the grain here but as a long time investor I'm quietly optimistic about Greg's current strategy, you have to give him credit given the cards him and board have been dealt. Lemons come to mind and when you have lemons you make lemonade, the problem is it's a little bitter hopefully over these next 12 to 24 months Greg and the team can sweeten up the flavour profile.
Go well looking forward to part 2 🙏
Disagree. His decision making during covid especially round engineering was short sighted and amateur. This company will never get back to what it was.
@@HypaWave1701 I'm sure you'll have no problems citing specific examples?
@@HypaWave1701rest assured Greg wouldn’t approach a pandemic the same way he did. He’s made that clear.
At the time, there was no right or wrong moves - no one had a crystal ball don’t forget.
Absolutely😮 what a question, Madison! The international airline delivers a significant amount of intangible economic value to New Zealand, including the “country of origin label” (CoOL) brand.
I’m not saying it should continue to run at a financial loss. Airline management design the organisation to shrink and expand within tolerances.
The fact that Mr. Foran is “frustrated man” is proof that the market isn’t slowing down, and the airline is missing opportunities due to a key supplier’s issues.
Since Air New Zealand does have power on demand contracts in place (to my knowledge) and hopefully did on the P&W plant agreement. Revenue may have fallen but I’m not certain that profitability would have been as significantly impacted.
Apologies if I’m talking through my hat. 🎩
He needs to be a more aggressive CEO, the new york flights are half empty because qantas are taking potential passengers, qantas needs auckland airport to compete on the NY direct route, block qantas like what qantas does to carriers at its hubs in Australia, make a worst case scenario pitch to the government to ensure auckland airport management falls into line. He needs to head up a group of affected airlines to hold RR and PW to account. Sue them for faulty engines, get GE to back the lawsuit in exchange for supplying all future engine's to all the affected carriers. It aint rocket science
It’s half empty because of weight restrictions as the New York route is several hundred kms more than the 787’s range
@odzergaming that's not what they're referring to.
Another good interview Madison
If international fares dont even cover the cost of capital (as greg said), why the heck are they still doing it? And if international is 2/3 of their business (as greg said), this explains the price gouging on domestic fares. But he goes on to say he wants to expand international, which brings his initial comment into serious question
I think if greg has to refer to the cost of drycleaning affecting their business, he is taking the mickey.
Having just completed a mangement role in an Australian aviation business , the cleaning costs are actually extremely high ..I always hang my washing out to dry...
@@struanrobertson2609yep, lots of uniforms.
@@struanrobertson2609 really..... It's $20 a jacket. 3 jackets per plane. And unless the pilots are really messy, they dry clean their jacket every 20 flights = $3/flight = $0.012/passengers ticket
Cause Air NZ is government owned. Before they were nationalised after the Ansett failure they were profitable with a lot more destinations than today
Always love travelling Air NZ.
Great interview
What a great interview, always enjoy watching and find it very easy to digest and look forward to more
Fantastic interview, cant wait for part 2
Flew back from Bali this week on Air NZ. No cup of tea or coffee in morning. Was told 6hr + not enough time to make one. Hmmm 🤔 the standards over all were atrocious. Apparently they must have cut costs
I might have been to blame for that. Was on that flight weeks ago and told them they spent far too much time on hot drinks and were way too slow on the cold trolley.
just flew a 90 minute and they went up and down multiple times, almost to often lol
Don’t know why that happened - they always have a tea, coffee, and a biscuit service
Flew from and to gold coast two months ago got coffee on there that's poor
You can order drinks on the ife
They should never have got rid of the 777-200 aircraft after Covid. Other airlines are still using them and making money. The A321 which replaced them on Trans Tasman routes have left them short hence the price and capacity issues. I'm Gold Elite with Air New Zealand but my next trip to Australia is on Emirates ex Christchurch due to being a third of the cost.
THANK YOU MADISON YOUR INTERVIEWS ARE ALWAYS PROFESHIONAL AND VERY INTERESTING 😀
Air New Zealand was our go to from Los Angeles to Heathrow and Los Angeles/New Zealand and we were on one of their last flights from Auckland/ Los Angeles in March 2020.
It’s so good to see them flying again but fares have definitely escalated. My main issue with this company are the legacy flight attendants who are there for a few hours and once meal time is over , boom they are down below sleeping . There’s a few really unpleasant ones and it’s like they aren’t really bothered.
Everything has escalated price wise due to the disastrous response to a cold
The cost of Domestic flights is so high it's mostly cheaper and easier just to use the car if you an afford the time.
Are you booking ahead or last minute/same day? Because I can fly from Christchurch to Auckland for $89.
Yes, it absolutely should remain international. AirNZ needs a smarter CEO.
Hats off to Greg Foran! An adept, honest, innovative, highly talented CEO of AirNZ!
@@bubbagump3793 he’s full of excuses.
@@bubbagump3793 the Jacinda Ardern of Executives. Take your blinkers off. He’s FOS.
Yes most definitely they are one of the best Airlines to fly on in the World . Those beautiful Black and White planes carrying design,s of N Z heritage on there bodies. Keep flying for ever .
Air NZ definitely isn’t one of the best
@@odzergaming One of the worst and too expensive.
Another amazing one thank you
As an island nation that is already 3+hrs from another country by plane, the idea of the national carrier “exiting long haul” is a total joke. If ever the time came that Air NZ was struggling so badly that it couldn’t afford those planes, the government should step in.
they are not making money because they made many poor strategic choices in the past that they are unwilling to rectify. they are also hemmed in by auckland airport, and they are unwilling to invest in long-distance direct to Christchurch (even though their target tourism profile certainly are not flying to nz to just see auckland...)
Agreed. The decision making over Covid was a cluster F
Yeah Luxon make a heap of screwy decisions 😊
@@adeafningsilence yes and Qantas are hurting them, thanks to Cam Wallace
Flew to NZ very recently.
Air NZ standards have slipped, and based on that flight, would look at other carriers first.
Can't wait to see the day Air New Zealand flies to Canberra
Air New Zealand is a perfect airline with an incredibly advanced fleet for a population of 5 million, if we don’t have them internationally, which they are coping with and we need, it will just be a welcome to more greedy international carriers.
Not advanced compared to Singapore which also has 5 million people
@@odzergaming two very different countries
I’ll “call it my own” if it doesn’t gouge on domestic routes, cancel flights frequently with zero notice and leave on time. Internationally I’ll always search for alternatives before booking AirNz. Their prices are simply too high relative to other players and the domestic service leaves a sour taste in my mouth, wanting to cleanse it with the likes of Emirates etc.
Good on ya Greg, keep going
Great interview Madison.👍
The Air NZ turboprop fleet are an older design, not a lot of choice in that market, be interesting to see if the next gen Fokker & Deutsch Aircraft (Dornier) get off the ground.
I’m pretty sure Fokker and Dornier are out of business
I'd be curious to know what the plans are for the Q300 fleet
I think I’m in love with Maddy
Id love to fly Air NZ to Aus but when Jetstar is half the price and with the cost of living, I'll "rough" it
Nothing rough about jetstar. at 79 bucks to queenstown one can't expect a lot. Fact is air nz have been gouging us for decades and as a taxpayer have bailed them out twice, I have no love for them.
when is part 2 coming?
Monday 7am NZST. See you back here then!
Thanks. 😊
I flew this airline long haul, it's gone backwards. The in-flight entertainment is woke, the service was poor
I don't get how Air NZ is not making a fortune. They are enjoying great revenue on domestic flights and airfares are at record highs on international routes. Yes, Air NZ has to pay a bit more for their fuel (more fool them for not protesting the closure of Marsden Point refinery), but in general, flights are full everywhere and airlines are recording boom profits (look up Emirates recent results). Foran is not a visionary leader - he's a cost cutter. Prior to him, Luxon was a buffoon. The re branding is Sh/t and the dropping of key routes was very shortsighted. During Covid, Air NZ should have picked up some cheap aircraft. There were airlines crushing A380's and 777's. Unless Foran though the pandemic would last forever, why didnt we buy some of these cheap airframes?
4th choice airline for me internationally from Auckland. Used to be a great airline 30 years ago. Worst airline across the ditch, service is very poor.
Air New Zealand needs to stand up to Qantas and stop them from picking up passengers from Auckland to to New York. The New York, Chicago routes that were introduced by the bold headed CEO are not viable for the airline. Cancel them. Restart the LA to Heathrow routes and increase flights to Asia. That’s where the money is.
They can’t stop Qantas because NZ and AUS have an agreement that any airline from both countries can operate any route in both countries
@@odzergaming Air New Zealand is not allowed to transit via Australia and pick up passengers let alone operate between cities in Australia.
@@tierra6391 yes they can but there isn’t a route where they need to
If they have to resort to marketing one way flights return at double then give up
Interesting that he talks about RR Trent 1000 engines being a problem, but if they'd chosen General Electric they would be smiling...well they had this problem before with RR Trent 900 engines...obviously didn't learn from that, that there is an inherent design/manufacturing fault in the Trent series, with similar issues with Pratt & Whitney. Once bitten, shame on you..twice bitten, shame on me, IMHO. Of course I realise to change brands requires huge cost increases in engineering....however...it's costing $100million at present...
Who was CEO when they bought the engines?
They have a bias for Rolls Royce
If they were using GE engines they wouldn't have ten aircraft out of action plus Air New Zealand need to get rid of the present CEO
Why care about the costs when you have the poor taxpayer behind you? They’ll pay.
@@ytzpilotshit!
Both said "highly unionised workforce" like that is a bad thing.
Not suggesting it's a bad thing! But it certainly makes a CEO's role more challenging.
@@MarketsWithMadison not if they treat their workers fairly
No bring Scoot air and Cebu pacific air here in our local market scrap air New Zealand air Asia another one should be encouraged as well
Bring tourists into Auckland and you can bilk them again in domestic flights as they head to Queenstown and West Coast. Aucklanders can’t see past the Bombay Hills
For a long time Air NZ was the only player in town to the USA so could and still do charge like a wounded bull. Must be eating into there profits. Cheaper to fly to Australia to catch flights to Asia and America. Now Jetstar going to fly Hamilton and Dunedin to Australia they must be pissed!!!
AirNZ has cramped seating, small food trays, poor food and cabin staff chosen for inclusivity instead of suitability. The unprofessional, raucous, obese, elderly and crippled seem perfectly acceptable as cabin staff without regard to passenger comfort and experience. This is a big change over time for this airline. On arrival in Auckland, I watched the cabin crews of an AirNZ flight and a Singapore Airlines flight walking to their busses. The difference was embarrassing to a New Zealander. Having just experienced both airlines on a long haul from London, Singapore wins hands down. Why not aim a little higher
Why doesn't Air NZ back a third airline carrier in the oz market? Qantas and its almost monopolistic power wouldn't like it. Gov needs to separate Jetstar from Qantas for any third airline to have a chance and minimise Qantas' power from retaliating or colluding f they did..
There's an airline called Virgin in Australia....
Virgin Australia: am I a joke to you
Shame he can't pronounce 'routes' properly. Suggests he has a North American leaning.
I do have one question for Madison: What is "Ear Craft" 😆
A Waxwing with hot tips 😜
Interesting, comments are being censored on this one particularly. Question is by who?
Comments are never censored on here. If you click Newest first it shows them all. Sometimes TH-cam hides them idk why or how.
@@MarketsWithMadison Madison, my quite innocuous comment/s and many others are repeatably censored not only on this YT channel but many others. The fact YT even like to hide peoples comments under the "newest" tab is evidence in itself of censorship would you not say?
Anyway, my comment was just a 3 point criticism of Air NZ & where they are going wrong, being that I am a substantial shareholder in this disaster.
@@tradetech7889 I too am 'Ghosted' by YT for some comments I make here and on other YT channels that I use and even a paying subscriber to.
Once YT 'evaluate you' (and you have no way to defend yourself in their system) and decide that your comments breach their guidelines (and hidden agenda guidelines I would add), you are marked and censured by any commentor contribution that you make.
Until YT get bought out or get taken to some court tribunal for infringing on 'Free Speech' or having heavily unbalanced censorship (don't hold your breath), it will stay that way.
@@David-yo5ws I also suspect David the NZ Government has a backdoor entry to request censorship. They have being doing it since 2020
Did you make this up? Bots put these comments everywhere on TH-cam.
shame this CEO isn't running qantas. alan joyce was so dogged in earning his annual bonus that he ran the airline into the ground. it's gone from being a premium product to an unreliable ripoff. sounds like airnz is in good hands.
The decisions made during COVID by the management team killed this company especially regarding engineering.
Exactly
They dont even transfer your bags to other airlines....they should be out.
He is so negative about the AIR NZ perspectives. As a shareholder, I want to change CEO, he does not have resolutions, only talking about factors, rather than future business strategy.
@@weeklytrader-v8v I totally agree. Time for change at the top. Way too many excuses and talk.
Future Business Strategy is new aircraft orders, deliveries for most airlines is a challenge, currently ANZ is still waiting on 8 787s and 4 A321s after that any new aircraft will be well over 10 years away, I don’t think any CEO could change that
He’s actually just being honest. He’s probably had the hardest job of any Air NZ CEO since the basket case of the early 2000s
Air nz need a380 tho fr
For what? No demand
What a stupid question, Air NZ out of international flights? What?
Consolidated fleet with unproven aircraft and engines 😬
Why not fly to India? So many Indian want to go home easily either no transfer
Might be worth asking some anonymous employees from the coal face too. I won't repeat what I've heard from some of them
Can you update video names on yt?
Yup thank god
What about all the pointless positions spending on high salaries? Scrum masters come to mind
A CEO interview with full of complaints, just unbelievable
Air New Zealand 😂😂 im glad they haven't changed there name to that other stupid name some call New Zealand
“We don’t separate domestic from international”. Shouldn’t they?
It would make my job easier if they did!
@@MarketsWithMadison loving these shows. Keep up the great work. I’ve learned a lot.
I’m not proud of our national carrier
It’s been ripping kiwis off for decades. Glad we’ve got more options now, and people are over them
Their whole campaign of connecting kiwis comes at a financial cost which ain’t worth it
I never travel AirNZ now having been ripped off for years both as a client and tax payer. Fly SQ.
Air NZ as a passenger airline, should be sold. It’s a disgusting noose around the taxpayers neck! So far 2 massive bail outs and 1 massive loan from the taxpayer. Air fares sky high and ridiculous, no refunds for unused air fares during Covid - credit notes that were hard to use if ever used. It’s cheaper to fly to Aussie on return than to fly with Air NZ to Queenstown! RR engines that are no good. Is this an airline run by mafia or what? Personally I would rather stay at home and not travel - if I had to fly with Air NZ.
This guy is a double talker - he will do well when he goes into politics 👍🏽
If you’re not covering cost of capital, then you’re not really making money…
Rubbish stop talking down our airline that is at least 51/' owned
Who wants to pay hundreds for a domestic seat. Get real AirNZ.
If I think about business travel, a significant component of bog standard economy class in and out of NZ, (and I speak from experience! 😅) is on Air New Zealand.
And a reasonably full business class in general attests to a small but loyal customer group.
Airpoints mount up reasonably quickly to ensure lounge access, upgrades etc. Definitely a two-way street from end user point of view!😊
They killed the company's economic business model for the domestic sector over Covid. It will never be low cost to travel in NZ again.
Book ahead and it costs a lot less. If you book same or next day flights it will always cost more, and always has.
Booking ahead costs you more in risk. If you get sick or circumstances change you’ve just wasted your money. Also it’s doesn’t matter if I book ahead three or four weeks the prices are still silly.
Stop been so greedy and bring your domestic prices down other wise every one will be catching the intercity bus
I know for a fact people from Dunedin/Invercargill ARE taking the InterCity to CHC instead of being pinged $400 and up to get to CHC by AirNZ, how do I know because I drive that route for InterCity and some are not the low income people either, they tell me they had gutsful of AirNZ
@@thebeerhunter7307Air NZ’s regional routes are mainly for connecting passengers to International flights
I think the CEO is the problem. Compared to Luxon he’s well off the pace and the board needs to act soon. I’m an elite gold and have noticed the service has dropped significantly since Foran has taken over. It’s starts and stops at the top.
I ask him about all of this in Part Two!
You don’t think that maybe the broader economic situation might be causing a crimp on some services and budgets?
Nah, it’s all Foran.
Are you taking the piss? I’m Gold Elite with Air NZ and Platinum with Qantas. While the lounges are great (First Lounges for international) Qantas service is shit. Air NZ is amazing. Yes the business class sucks but it’s being replaced. The free upgrades from air nz to upgrade any international flight is amazing 🎉 - Qantas is luck of draw. Which I’ve only had once in my 5 years with them as P1 and P.
@@bradroberts2465 You better believe I’m “taking the piss” out of you if you think the issues Air NZ are facing are down to Foran being the CEO instead of Luxon lmao
@@bradroberts2465 the service across the board has dropped since Covid. That’s what I’m saying.
no good too much knocking on air new zealand
Go woke go broke. Employ the skills, not race priority.
Air NZ is a dog of an airline.
I fly several times each year ( for past 40 years) always with Singapore or Southern China Airlines. Better service, better prices.
Air NZ has been broke at least three times and bailed out by taxpayers.
Needs to be managed by an other airline who really knows how to run an airline.
Air NZ trying to be something that they are not and will never be.
So you never fly on it but you know all about it?
@@plazma1215 I have actually flown with Air NZ in the past. After Covid two of my flights were cancelled Singapore gave me an almost full refund within four weeks after a one time application. Air NZ played the fool for nearly two years many phone calls and long phone call waits, as they do not give refunds to their international passengers.
Additionally Air NZ have been given close to $2 billion taxpayer dollars under Helen Clark and more recently given another soft loan by Jacinda Arden of $840 million taxpayer monies.
Air NZ needs to get their act together or get out of the business.
@@plazma1215Well said, sounds like a whinging Aussie.
@@TonyWhite-x3c still better than Qantas, who took 2 years to process my refund