A new air link between China and New Zealand could boost tourist spending by up to $50 million a year.

A cut-price Asian airline is promising the "cheapest international airfares New Zealand has seen" when it launches in Christchurch today.

Air New Zealand is adding extra charges to its booking process which will increase costs for every customer who pays for flights by credit, debit or charge card.

A cutprice airfare war has erupted on the Tasman, and some flights are now as cheap as a cab to the airport.

Three of the airline's Airbus A380 superjumbos will be out of service until at least next week.

Singapore Airlines has pulled three of its Airbus A380 jumbos from its network due to engine issues.

Auckland International Airport says it is expecting net profit in a range from $112 million to $118m for the 2011 financial year, when one-off items are excluded.