1 00:00:00,080 --> 00:00:01,680 Speaker 1: Part of the oil price fall out, seeing Air New 2 00:00:01,760 --> 00:00:04,120 Speaker 1: Zealand of course to spend their earnings guidance put their 3 00:00:04,160 --> 00:00:06,640 Speaker 1: prices up. Kather Bryan's executive director for the Border of 4 00:00:06,640 --> 00:00:09,479 Speaker 1: Airline Representatives and is back with there's Kath morning to you. 5 00:00:10,200 --> 00:00:12,400 Speaker 1: Good morning mate, this is everybody. I mean, we're focusing 6 00:00:12,400 --> 00:00:13,960 Speaker 1: on the New Zealand because we gown the airline. But 7 00:00:14,000 --> 00:00:15,760 Speaker 1: I mean contents have put their prices up. Everyone's going 8 00:00:15,800 --> 00:00:16,920 Speaker 1: to put their prices up, aren't they. 9 00:00:17,720 --> 00:00:21,640 Speaker 2: Yeah, certainly. You know, price rises are kind of inevitable 10 00:00:22,000 --> 00:00:24,520 Speaker 2: at the moment, and multiple airlines are responding. 11 00:00:24,880 --> 00:00:28,040 Speaker 1: Will we see demand drop because what we've learned out 12 00:00:28,080 --> 00:00:30,200 Speaker 1: of COVID is you can charge anything people want to 13 00:00:30,240 --> 00:00:31,280 Speaker 1: buy a seat. 14 00:00:32,400 --> 00:00:36,400 Speaker 2: Yeah. Look, I think we are going to see demand 15 00:00:36,520 --> 00:00:40,400 Speaker 2: changes and it is a little early to say, but 16 00:00:40,560 --> 00:00:44,839 Speaker 2: that increasing price of the travel and the challenge of 17 00:00:44,880 --> 00:00:47,680 Speaker 2: the travel depending on where you're going, you know, may 18 00:00:47,800 --> 00:00:50,480 Speaker 2: see people change their travel plans. And I think that's 19 00:00:50,520 --> 00:00:52,760 Speaker 2: a further effect that were yet to properly see. 20 00:00:52,920 --> 00:00:56,200 Speaker 1: Is Air New Zealand an outlie given there in anemic state? Anyway, 21 00:00:56,640 --> 00:00:58,520 Speaker 1: this has come along at the worst possible time. 22 00:00:59,400 --> 00:01:02,320 Speaker 2: Yeah, certainly they are already in a very difficult position, 23 00:01:02,360 --> 00:01:04,720 Speaker 2: and I think that's what sets them apart, you know 24 00:01:04,800 --> 00:01:08,199 Speaker 2: from other airlines making the same sorts of choices. They've 25 00:01:08,200 --> 00:01:11,720 Speaker 2: got fewer cards to play, and they've very sensibly made 26 00:01:11,760 --> 00:01:13,200 Speaker 2: that decision to suspend guidance. 27 00:01:13,440 --> 00:01:16,399 Speaker 1: I've read United the bloke who runs United yesterday said yes, 28 00:01:16,400 --> 00:01:18,120 Speaker 1: it'll hit Q two for us. But we're seeing a 29 00:01:18,240 --> 00:01:21,080 Speaker 1: huge increase in demand out of the Middle East because 30 00:01:21,080 --> 00:01:23,800 Speaker 1: you can't go there for now, in through the America's 31 00:01:23,840 --> 00:01:26,679 Speaker 1: up through Asia. Does the New Zealand gain from that 32 00:01:26,800 --> 00:01:30,200 Speaker 1: as well as people readjust their travel, Yeah. 33 00:01:30,040 --> 00:01:32,360 Speaker 2: I think you know there will be some change in 34 00:01:32,440 --> 00:01:35,280 Speaker 2: travel and potentially we might see more shorthaul for example, 35 00:01:35,319 --> 00:01:39,480 Speaker 2: you know from this market to the Australia or Pacific destinations, 36 00:01:40,560 --> 00:01:43,959 Speaker 2: and certainly in New Zealand will see some of that benefit, 37 00:01:44,000 --> 00:01:46,720 Speaker 2: but that might be more of a swap of demand 38 00:01:46,800 --> 00:01:48,880 Speaker 2: from one to another rather than new demand. 39 00:01:48,960 --> 00:01:51,560 Speaker 1: What about Nick Smith yesterday, the angstiness out of places 40 00:01:51,600 --> 00:01:54,120 Speaker 1: like Nelson root Cuts? Is that real? And if it is, 41 00:01:54,200 --> 00:01:54,960 Speaker 1: how bad is that? 42 00:01:55,840 --> 00:01:58,320 Speaker 2: Yeah? I think that's vere in New Zealand to speak to. 43 00:01:58,480 --> 00:02:01,240 Speaker 2: And I think you know there will have to be 44 00:02:01,360 --> 00:02:05,080 Speaker 2: some difficult choices, and I think it's not clear yet 45 00:02:05,120 --> 00:02:06,200 Speaker 2: exactly what those will be. 46 00:02:06,480 --> 00:02:08,880 Speaker 1: Okay, Keath, nice to talk to you. Kathera Bryant, who's 47 00:02:08,880 --> 00:02:12,720 Speaker 1: with the Border airline representatives. Quantus they've said five percent. 48 00:02:12,800 --> 00:02:14,960 Speaker 1: They gave some numbers in New Zealand. Where's Nichol? By 49 00:02:14,960 --> 00:02:17,720 Speaker 1: the way, I mean, hello Nichol, good morning. You might 50 00:02:17,840 --> 00:02:19,639 Speaker 1: want to talk here. But this reminds me of Greg 51 00:02:19,680 --> 00:02:21,400 Speaker 1: furhim when he first arrived in the country and he 52 00:02:21,400 --> 00:02:23,519 Speaker 1: didn't want to talk to us. He said his head 53 00:02:23,520 --> 00:02:25,680 Speaker 1: down was bum up and he had a COVID problem 54 00:02:25,720 --> 00:02:27,440 Speaker 1: to deal with, which is fair enough, but at times 55 00:02:27,480 --> 00:02:29,160 Speaker 1: like this, the head of a New Zealand needs to 56 00:02:29,200 --> 00:02:32,760 Speaker 1: be front and center. Quantus five percent, so in New 57 00:02:32,840 --> 00:02:34,920 Speaker 1: Zealand is saying like ten dollars a year and ninety 58 00:02:34,960 --> 00:02:36,800 Speaker 1: dollars if you on a flight in New York. Quantus 59 00:02:36,800 --> 00:02:39,960 Speaker 1: are saying generally it'll vary root to rout, but they're 60 00:02:39,960 --> 00:02:41,079 Speaker 1: talking about five percent. 61 00:02:41,600 --> 00:02:44,480 Speaker 2: For more from the Mic Asking Breakfast, listen live to 62 00:02:44,600 --> 00:02:45,160 Speaker 2: news talks. 63 00:02:45,160 --> 00:02:48,360 Speaker 1: It'd be from six am weekdays, or follow the podcast 64 00:02:48,400 --> 00:02:49,280 Speaker 1: on iHeartRadio.