KEY POINTS:
American and Japanese investors are looking at launching a new domestic airline in New Zealand.
Kiwijet is the brainchild of US aviation specialist Patrick Weil. He says the country is ready for a simplified, cost-effective form of domestic air travel.
The fledgling airline would initially fly two Boeing 737s between Auckland, Christchurch, Dunedin and Invercargill.
All fares would cost a flat $150.
Mr Weil says Kiwijet is considering bidding for acquisition of an existing domestic airline and hopes to be operating by the end of the year.
- NEWSTALK ZB
