1 00:00:00,400 --> 00:00:01,440 Speaker 1: Well, good news for travelers. 2 00:00:01,480 --> 00:00:01,639 Speaker 2: Really. 3 00:00:01,720 --> 00:00:05,200 Speaker 1: Jetstar boosters business, more flights domestically and across the Tasman 4 00:00:05,400 --> 00:00:07,560 Speaker 1: Steff Tully is the CEO of Jetstar, of course, and 5 00:00:07,800 --> 00:00:11,280 Speaker 1: is whether stiff morning, Hey Mike, how are you very well? 6 00:00:11,320 --> 00:00:13,920 Speaker 1: The fact you could get two ministers out onto a windy, 7 00:00:13,960 --> 00:00:16,840 Speaker 1: blowy old Wellington runway shows you the politics of this 8 00:00:16,880 --> 00:00:19,080 Speaker 1: sort of decision, doesn't I mean, this is a political 9 00:00:19,160 --> 00:00:21,120 Speaker 1: game flying people up and down the country. 10 00:00:22,360 --> 00:00:24,319 Speaker 2: Yeah. It was good timing that they were both in 11 00:00:24,360 --> 00:00:27,640 Speaker 2: Wellington for our announcement yesterday, so it was they got 12 00:00:27,680 --> 00:00:29,560 Speaker 2: to stand in the time I can watch jet south 13 00:00:29,640 --> 00:00:30,920 Speaker 2: light Land, which was very good. 14 00:00:31,160 --> 00:00:34,159 Speaker 1: How do you pull the trigger on decisions like this? 15 00:00:34,280 --> 00:00:36,840 Speaker 1: How much of this, how much study goes into what's 16 00:00:36,880 --> 00:00:40,400 Speaker 1: happening in an economy? And how bullish on that economy 17 00:00:40,440 --> 00:00:42,080 Speaker 1: are you that you would do what you've done. 18 00:00:43,600 --> 00:00:46,800 Speaker 2: Yeah. We've obviously been in New Zealand for twenty years now, 19 00:00:46,840 --> 00:00:50,040 Speaker 2: sixteen years domestically, and I think what we've seen in 20 00:00:50,080 --> 00:00:53,280 Speaker 2: the last couple of years particularly is just we're really 21 00:00:53,280 --> 00:00:55,920 Speaker 2: grateful in New Zealanders have given Jetstar a go. So 22 00:00:56,160 --> 00:01:00,400 Speaker 2: we've seen some shift in preference for Jetstar we've seen 23 00:01:01,360 --> 00:01:03,880 Speaker 2: demand for jet Star, so I think we study it 24 00:01:03,880 --> 00:01:06,840 Speaker 2: closely and we look at the opportunities to open your 25 00:01:06,880 --> 00:01:11,240 Speaker 2: markets like we yesterday and increased capacity on existing markets, 26 00:01:11,240 --> 00:01:13,639 Speaker 2: which is which is good for customers because it's more. 27 00:01:13,560 --> 00:01:16,200 Speaker 1: Choice in sort of related matters in that sense, do 28 00:01:16,280 --> 00:01:19,040 Speaker 1: you think you've been missing market share or are you 29 00:01:19,160 --> 00:01:20,119 Speaker 1: looking to grow the market. 30 00:01:21,880 --> 00:01:24,080 Speaker 2: Oh, look, I think we're just looking to provide ky 31 00:01:24,120 --> 00:01:27,200 Speaker 2: we's a second option. I think you know they deserve 32 00:01:27,240 --> 00:01:30,560 Speaker 2: a second option, and Jetstar gives you good lowfares option 33 00:01:30,680 --> 00:01:34,319 Speaker 2: where are Operational performance has really improved over the last 34 00:01:34,319 --> 00:01:36,200 Speaker 2: couple of years, so we you know, in the last 35 00:01:36,240 --> 00:01:38,360 Speaker 2: months we were the best at on transformance and had 36 00:01:38,400 --> 00:01:41,520 Speaker 2: the lowest cancelations, yet we're fifty percent cheaper. So I 37 00:01:41,560 --> 00:01:43,759 Speaker 2: think it's just, you know, we're really committed to our 38 00:01:43,800 --> 00:01:47,080 Speaker 2: own value proposition and making sure that there's a second 39 00:01:47,160 --> 00:01:50,440 Speaker 2: choice on many of the routes in New Zealanders to choose. 40 00:01:50,480 --> 00:01:53,560 Speaker 2: And I think you know there's opportunity for jet Started 41 00:01:53,760 --> 00:01:57,360 Speaker 2: to build new demand, but also to shift share as well. 42 00:01:57,520 --> 00:02:00,520 Speaker 1: Okay, because the problem if you're not growing demand is 43 00:02:00,680 --> 00:02:02,600 Speaker 1: that someone's going to bleed here, aren't they? I mean, 44 00:02:02,640 --> 00:02:04,720 Speaker 1: at the end of the day, slicing the same pie 45 00:02:04,720 --> 00:02:06,240 Speaker 1: into small pieces. Never works. 46 00:02:06,280 --> 00:02:09,919 Speaker 2: Well, yeah, we agree, and I think those opportunities to 47 00:02:10,000 --> 00:02:12,840 Speaker 2: still increase that demand. When you look at New Zealand 48 00:02:13,000 --> 00:02:16,680 Speaker 2: tourism overall, we're still not back at pre COVID levels, 49 00:02:16,720 --> 00:02:20,200 Speaker 2: whereas other countries certainly are. So it's important that we're 50 00:02:20,200 --> 00:02:23,880 Speaker 2: all working together, airport's, government, airlines to make sure that 51 00:02:23,919 --> 00:02:28,080 Speaker 2: we are stimulating visitation to this country and providing an 52 00:02:28,160 --> 00:02:31,480 Speaker 2: environment where you know, there's people wanting to visit New Zealand, 53 00:02:31,480 --> 00:02:33,240 Speaker 2: if not once a year, multiple times a year. So 54 00:02:33,320 --> 00:02:36,520 Speaker 2: it's particularly Australian. So you know, we see our role 55 00:02:36,560 --> 00:02:39,160 Speaker 2: in that as a really important part of that system. Good. 56 00:02:39,200 --> 00:02:41,080 Speaker 1: The broader question for you, and this is this is 57 00:02:41,120 --> 00:02:44,520 Speaker 1: you're involved. It's not your fault. The reliability numbers that 58 00:02:44,560 --> 00:02:47,400 Speaker 1: came out from the Ministry of I can't remember whoever 59 00:02:47,480 --> 00:02:51,120 Speaker 1: does it. The reliability on the Tasman is shocking. 60 00:02:51,360 --> 00:02:56,880 Speaker 2: Why. Yeah, I mean, I think there's a number of 61 00:02:56,919 --> 00:03:00,920 Speaker 2: factors that going to reliability and I think we you're committed, 62 00:03:00,960 --> 00:03:03,040 Speaker 2: we do. It's a thousand things every day that make 63 00:03:03,080 --> 00:03:05,840 Speaker 2: in our unreliable. So we've got lots of people just 64 00:03:05,880 --> 00:03:09,000 Speaker 2: working hard to make sure we can do that. International. 65 00:03:09,120 --> 00:03:11,720 Speaker 2: You generally have longer sort of turnaround times because you've 66 00:03:11,760 --> 00:03:15,480 Speaker 2: obviously got longer borders for processing times. But we're committed 67 00:03:15,480 --> 00:03:17,400 Speaker 2: to making that better MIC as well as we have 68 00:03:17,520 --> 00:03:20,280 Speaker 2: done domestically as well, and that's the process out there. 69 00:03:20,480 --> 00:03:22,399 Speaker 1: Good stuff. Nice to talk to you is always Steff Tully, 70 00:03:22,400 --> 00:03:24,320 Speaker 1: who's the boss of Jitstuff. 71 00:03:24,760 --> 00:03:27,680 Speaker 2: For more from the Mic Asking Breakfast, listen live to 72 00:03:27,800 --> 00:03:28,359 Speaker 2: news talks. 73 00:03:28,360 --> 00:03:31,560 Speaker 1: It'd be from six am weekdays, or follow the podcast 74 00:03:31,600 --> 00:03:32,480 Speaker 1: on iHeartRadio.