Monday 28th July 2008
|Text too small?|
Pacific Blue, a unit of Virgin Blue Holdings, is to begin flying daily between Auckland and Melbourne from September, it said in a statement today.
The new service will create greater demand for the trans-Tasman route, offering an extra 131,400 seats annually, said Don Huse, chief executive at Auckland Airport.
"Pacific Blue has helped grow the domestic market significantly since November 2007, and we believe this new service will further stimulate demand on the trans-Tasman sector," Huse said.
Shares of Auckland Airport fell 0.5% to NZ$1.91. The stock has gained more than 7% in the past five days.
Pacific Blue's announcement is "an important step" towards matching demand with the airport's increasing capacity, Huse said.
The airport company recently expanded its international arrivals area and is close to completing work on its Pier B.
No comments yet
Auckland International Airport Limited (NZX: AIA)
Auckland Airport sees growth in luring Asian travelers, tapping landbank
Auckland Airport shares climb to 6-year high on better earnings, higher dividend
Auckland Airport boosts FY profit 25 percent as property values rise, ups dividend
Auckland Airport expected earnings just within regulator's tolerance
Ex-Fonterra chairman van der Heyden to lead Auckland Airport board
Auckland Airport's 8 percent expected returns 'reasonable', regulator says
Auckland Airport 1H profit rises 11 percent on growth in domestic passenger traffic
Pre-Offer Announcement - Auckalnd International Airport
Auckland Airport flags $100 mln bond offer