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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World AirAsia lines up New Zealand runway AFP - 2 hours 24 minutes ago Send IM Story Print AirAsia lines up New Zealand runway WELLINGTON (AFP) - – Malaysian long-haul budget airline Air Asia X will start flying to New Zealand early next year with direct flights from Kuala Lumpur to Christchurch, aviation officials confirmed. "This is a really positive development for not only Christchurch but for the wider New Zealand economy," said Norm Thompson, deputy chief executive of the New Zealand flag carrier Air New Zealand. "The South East Asian market will certainly benefit from increased competition." Christchurch, the main city in New Zealand's South Island has been lobbying AirAsia X for most of the year after an airport executive saw a media report that the Malaysian carrier had New Zealand in its sights. The government-owned Malaysia Airlines already flies to the main North Island city of Auckland. Christchurch city mayor Bob Parker told The Press newspaper from Kuala Lumpur, where the agreement was signed on Friday, that the service would be launched about March with four return flights a week. An independent assessment had shown the new service could stimulate 600-700 jobs and bring up to 70 million New Zealand dollars (52 million US) to the city, which was recently devastated by an earthquake. "I think we've achieved an absolute coup for our city... we beat out Auckland, we actually beat out Sydney and it's going to revolutionise for a lot of Kiwis flying into the international marketplace because it's going to introduce incredibly low fares." Christchurch International Airport chief executive Jim Boult said details of the new service would be revealed in the near future. "The exact date of launch is yet to be decided but it will be around March next year and details of bookings and fare structures etc will come out in the next couple of weeks," Boult said. Recommend Send IM Story Print Related Articles Shinhan chairman resigns amid management scandal Reuters - 44 minutes ago US-BUSINESS Summary Reuters - 1 hour 19 minutes ago China trials yuan investment settlement in Xinjiang Reuters - 1 hour 20 minutes ago India finmin to pay additional $30 bln oil subsidy Reuters - 1 hour 36 minutes ago Clinton receives 'assurances' from China on rare earths: US AFP - 1 hour 44 minutes ago News Search Top Stories Indonesia volcano erupts again Amid bitter US campaign, comics plead for sanity Yemeni packages ignite fears of Al-Qaeda cargo plot EU treads uncharted waters to defend single currency US consumers help boost third-quarter growth More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended IMF says dollar 'overvalued' Halliburton knew oil disaster cement was unstable: probe Maradona eyes UK Premier League coaching role Argentina mourns death of former president Conservation hope as vertebrates face extinction More Most Viewed » Time, like all good things, may come to an end: study Spectacular unknown species found in Amazon Too much TV psychologically harms kids: study Iranian chocolate thief 'to have hand chopped off' Ancient galaxy is more than 13 billion light years away More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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