Talk Money: November 12, 2015

Talk Money: November 12, 2015

There is nothing like a bit of competition.

Air New Zealand wasted no time cutting some of its fares yesterday, ahead of American Airline’s announcement it will soon be flying here.

The US carrier plans to start flying between Auckland and Los Angeles from next June.

Air New Zealand cut some ticket prices to $499 one way.  But that was a special 'grabaseat' online offer.

Most of its tickets are selling for $785 or more for flights this month. The fares rise from there, the closer the flight is to the Christmas holidays.

American Airlines has not announced its fares but says they will be competitive.

Watch the video for the full Talk Money segment.