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Air New Zealand gets £20m for its London Heathrow landing and take-off slots

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Air New Zealand is ending services from the UK in October when it closes its Heathrow – Los Angeles – Auckland route.  Our article on the Air New Zealand UK closure is here.

Forbes is claiming that Air New Zealand received £20m (NZ$42m) for its daily take-off and landing slot.

Air New Zealand gets £20m for its London Heathrow slots

This may seem a lot, but it is well below the record $75m paid to Kenya Airways by Oman Air a couple of years ago.  The Air New Zealand price was hampered by the fact that the slots are not in the peak early morning period.

It is not clear which airline has bought the slots.

This trade acts as a stark reminder of why airlines will fly empty planes from Heathrow, for months if necessary, during coronavirus to ensure that their slots are retained.  The new ‘season’ starts in late March and a slot must be used on 80% of days during the following seven months (Winter starts in late October) if they are not to be forfeited.  The only way to circumvent this is by Government order.

Comments (75)

  • Secret Squirrel says:

    Q:
    At what point does BA release more CW seats for AVIOS redemptions if the cabin is very undersold?
    1-2 weeks prior to departure?

    • Liam says:

      Probably around that mark, yeah. I can’t say categorically but I flew LAX to LHR in Club World last month with an Avios upgrade from WT+. There was no Avios availability when I first booked the flight a few months ago but a good number of seats opened up. I booked about five days before flying but I think the seats became available maybe a week earlier than that.

      • Secret Squirrel says:

        Thanks Liam, good to hear some first hand experience.
        I’m keeping an eye on seat loads via seatspy regularly, still got 2x months & who knows what is going to happen between now and that point!

        • Lady London says:

          If any strategy works then prob it’s what @Liam is saying. That’s exactly how I picked up my last minute F seat from the US last year after IB st*ffed my 90k booking by refusing to offer a reliable reroute after a canceled flight.

          I was forced to move the avios to BA, grabbed Y and crossed my fingers for J or F to come up and it did at @Liam’s sort of timing. I think it varies by route though, would hope it might work for mainstream routes but not for, say, Barbados.

          • Secret Squirrel says:

            Of all the destinations you had to single out LL…. We bagged F out but the best on offer was WT+ inbound so hoping for CW seats to come available.

    • Rob says:

      No policy – if there was a policy, people would game it.

  • Shoestring says:

    Well – I’m stockpiling 6 packs of pasta and some Aspirin in the morning 🙂

    [Not that quilted Andrex itself is under threat. At my local supermarket, it is only the aisles of no-brand budget paper that are empty, the 10p a roll stuff. All the posh paper — your “Skin Kind”, your “Touch of Silk”, your “Shea Butter” is still there in the normal quantities.
    Does this mean that only the poor (daft, uneducated, hysterical wretches) are stockpiling? Or that in a crisis, loo-roll standards are the first to go? Because, personally, as Armageddon looms, I wouldn’t want to be stuck in the bunker with only the scratchy, narrow-gauge, misaligned paper that comes apart in your hands. I think I would want my last loo visits to be comfy ones.]

    • Lady London says:

      Could be the loo roll manufacturers way of price gouging. Remove all the cheap types of loo roll from the shelves, and make those who absolutely need to have toilet paper fly Sheba or Andrex quilted at four times the price?

    • Russ 😷 says:

      Pfft….wimp. Get some Izal and man up!