Originally Posted by
nzkarit
Also got to look at the entire model. When have a monopoly (realistically may be not legally) having shareholders never going to have a good outcome for customers or staff.
Is the board at the shareholders wishes setting the wrong direction.
Either having competition (actual competition more than a duopoly) will allow more voting with wallet.
Or Govt exercising it voting rights are set the goals more like an SEO with goals for the greater NZ Inc not the shareholders.
If have a monopoly and EU style competition will result in higher prices and worse services. E.g. domestically will drop one flight a day per plane, and put price up 10+% to cover the less flights so offers longer turn around to cover lateness & rejigging schedule to cover switches for tech issues.
Given the monopoly in NZ and Duopoly in Aussie, I feel the EU style compensation will move the levers in unexpected ways. And result in a different outcome from the EU.
Additionally will it support or drive away the US and Asian carriers? Will it increase the costs and risks of flying to NZ? Given NZs distance and size NZ is already expensive etc to serve.
surely international travel is not a monopoly