Latest / Best of Business / Irene King: aviation commentator on Air New Zealand CEO Greg Foran's resignation

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Irene King: aviation commentator on Air New Zealand CEO Greg Foran's resignation · Best of Business

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  Speaker 1: You're listening to a podcast from News Talk ZEDB. Follow
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• 0:17
  Speaker 2: Brian Bridge, She's gone twenty four away from six o'clock
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  Speaker 2: Now in New Zealand, Boss Greg Foran is out. He's resigning.
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  Speaker 2: He joined the airline February twenty twenty and he'll be
• 0:27
  Speaker 2: living in October in New Zealand. The Chair in New
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  Speaker 2: Zealand's chair believes the airline is set up well to
• 0:32
  Speaker 2: continue it's positive trajectory and agrees the time is right.
• 0:35
  Speaker 2: Iren King is a former Aviation New Zealand CEO. Good Evening, Irene,
• 0:40
  Speaker 2: Good Evening.
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  Speaker 3: How are you very good an India at the moment?
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  Speaker 1: Oh?
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  Speaker 2: Quite fitting to have your traveling now. How do you
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  Speaker 2: think why do you think he's going now?
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  Speaker 3: Well, I'd say that, you know, I'd be pretty tired
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  Speaker 3: after all all of the events that he's been through,
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  Speaker 3: and you know, I think it's time for a change
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  Speaker 3: in trajectory, change in direction. I think, you know, in
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  Speaker 3: New Zealand's really got to focus on its core New
• 1:11
  Speaker 3: Zealand market and I think some of that's been lost
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  Speaker 3: last siege has gone off.
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  Speaker 2: One of the big problems is the Rolls Royce engines
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  Speaker 2: and there's nothing. I mean, whoever the new chev executive is.
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  Speaker 2: They can't fix that overnight precisely.
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  Speaker 3: And so that's why I say the focus is going
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  Speaker 3: to be on restoring confidence consumer confidence in in New
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  Speaker 3: Zealand and in their home market. Now, if they don't
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  Speaker 3: control that market, then you know, it makes life really challenging,
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  Speaker 3: even more challenging than what they've got at the present time.
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  Speaker 2: Because we get a lot of feedback here whenever we
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  Speaker 2: talk about in New Zealand, it's the delayed flights, or
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  Speaker 2: it's the canceled flights, or it's the state of the
• 1:53
  Speaker 2: Cory Lounge. Is that just me? Or do you get
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  Speaker 2: the sense that there's been a bit of a reputation
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  Speaker 2: hit here for the airline.
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  Speaker 3: Look, I think that they really need to refocus on
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  Speaker 3: domestic New Zealand. You know that regional route network restructure
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  Speaker 3: has not gone down well, prices, you know, they are
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  Speaker 3: off off the planet and they've got to somehow get
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  Speaker 3: that focus back and recapture our hearts and minds. It's
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  Speaker 3: not that New Zealanders don't support in New Zealand, they
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  Speaker 3: just don't want to pay the money that the support requires.
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  Speaker 3: So that means you've got to be very strongly focused
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  Speaker 3: on your costs and delivering value for the customer.
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  Speaker 2: Irene, thanks for that, Irene King, former Aviation in Z CEO.
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