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Speaker 1: In a week of resignations and sackings, we had another

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Speaker 1: and this was a shock. This came out of the blue.

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Speaker 1: Air New Zealand boss Greg Farran is calling at quits.

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Speaker 1: Remember he came to us just before the pandemic. He

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Speaker 1: used to work out to Walmart, used to run Walmart.

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Speaker 1: So the airline's chair believes the airline is well up

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Speaker 1: to well set up to continue its growth without Greg foran.

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Speaker 1: But the governments, of course is a major majority shareholder

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Speaker 1: at fifty one percent. So we are wondering how this

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Speaker 1: will impact the economy. Obviously it's a big deal in

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Speaker 1: New Zealand. I've got an aviation commentator with me right

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Speaker 1: now who joins me from India because she's traveling, Irene King.

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Speaker 1: Good morning to you.

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Speaker 2: Good morning.

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Speaker 1: Is it hot?

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Speaker 2: So now make sure in you jelly at the moment?

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Speaker 1: Nice. Now here's the question of the week, with all

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Speaker 1: these resignations and these sackings. Did he quit or was

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Speaker 1: he pushed?

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Speaker 2: You reckon? No, I think it's it's voluntary. Yeah, I've

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Speaker 2: had a tip off about three or four weeks ago.

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Speaker 2: There he is considering it and yeah, he's had a

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Speaker 2: challenging time and what a rollercoaster of five years, and

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Speaker 2: I think you need any human list would say, yeah,

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Speaker 2: you know, let's have a break from it. And at

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Speaker 2: the moment it's just relentless.

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Speaker 1: It is relentless. What are the challenges facing in New

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Speaker 1: Zealand right now that the new chief executive will have

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Speaker 1: to face up to.

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Speaker 2: Well, we you know, the engine issues are well doted

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Speaker 2: engine but there's big supply chain problems in terms of

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Speaker 2: new aircraft, so you know that's constraining gross right around

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Speaker 2: the world. And the New Zealand economy, you know, it's

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Speaker 2: it's pretty well, it's an economy that's underperforming relative to

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Speaker 2: the rest of the world, and so that's seriously impacting

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Speaker 2: in New Zealand's profitability. He's got some some may major

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Speaker 2: major misalignments for the domestic market to address, and you

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Speaker 2: know that those are not easy either. And I guess

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Speaker 2: the last point I would make is, you know, we're

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Speaker 2: all having to severely address our costs and I don't

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Speaker 2: really see any great evidence of a new zel I'm

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Speaker 2: doing the present time.

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Speaker 1: How could they.

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Speaker 2: Well, you can always address your costs, you know, you

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Speaker 2: just have to really think about how smart your organization

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Speaker 2: is functioning relative to know what the customers.

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Speaker 1: So you so, Dame Trees Walsh, who is the chair,

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Speaker 1: says that the airline is well set up to continue

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Speaker 1: its trajectory of growth and innovation. Are you as confident

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Speaker 1: as she is?

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Speaker 2: Well, you know, I think they're in the nose. They

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Speaker 2: see the numbers, but you know you've got to be

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Speaker 2: really really focused. Back on the New Zealand domestic market,

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Speaker 2: customers are unhappy. They perceive they're not being value for money.

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Speaker 2: The regional New Zealand is particularly unhappy with high is

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Speaker 2: being that our eyes abating nieces for the ordinary person.

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Speaker 1: All right, well, Irene enjoy you dilly, and I thank

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Speaker 1: you so much for joining us at is Irene King

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Speaker 1: and she is an aviation commentator and you for more.

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Speaker 2: From early edition with Ryan Bridge. Listen live to News Talks.

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Speaker 2: It'd be from five am weekdays, or follow the podcast

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Speaker 2: on iHeartRadio