Speaking exclusively to the Australian Aviation Podcast, Greg Foran, who will depart Air New Zealand in October, said that with the benefit of hindsight, one thing he would have done differently was to “burn more cash” rather than try to cut costs.
Qatar announced last year it would purchase a stake in the Australian airline and, as part of the agreement, would ‘wet lease’ aircraft and crew to Virgin so it could fly 28 services a week to the Middle Eastern country’s capital.
Starting in October, Qantas will end its Proserpine services and Jetstar its Hamilton Island services, with each airline to instead add more flights to their respective destinations: Jetstar will add up to nine Proserpine flights per week and QantasLin…