Air New Zealand is set to announce a new lower-cost, higher-value domestic product next Tuesday when it announces its fiscal-year results. The indication came yesterday in a press release issued in response to Virgin Blue's announcement that it will launch New Zealand domestic services within 12 months (see story above). ANZ Group GM-Shorthaul Airline Norm Thompson said: "Since Air New Zealand announced several months ago that it had a significant review of its domestic operations underway ...

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