Air New Zealand simplified its fare structure to comprise two options rather than three and cut average fares by 10%, with cheapest domestic tariffs falling by up to 23%, effective yesterday. The largest cuts are in regional markets where ANZ faces no competition rather than in cities where Qantas subsidiary Jetstar Airways operates domestic flights. ANZ's fare structure now consists of Smart Saver and Flexi Plus fares. It flew 2.49 billion RPKs in September, down 6.8% year-over-year, ...

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