The stock price for Air New Zealand has moved from $0.865 on Wednesday 29th of February to $0.85 on Wednesday 7th March the change may have come due to Air New Zealand’s announcement that they plan to change their loyalty system to make potential passengers ‘bid’ against each other to gain upgrades in their flights. The changes have left many users of the passenger airline angry and may have helped in the small loss to their stock price due to the negative feedback received from users of the airline threatening to use rival airlines. Based on these factors I believe Air New Zealand’s stock price will continue to fall slowly as their seems to be more negative than positive news being released by the company.
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