Flag carrierA flag carrier is a transport company, such as an airline or shipping company, that, being locally registered in a given sovereign state, enjoys preferential rights or privileges accorded by the government for international operations. Historically, the term was used to refer to airlines owned by the government of their home country and associated with the national identity of that country. Such an airline may also be known as a national airline or a national carrier, although this can have different legal meanings in some countries.
Flight lengthIn aviation, the flight length or flight distance refers to the distance of a flight. Aircraft do not necessarily follow the great-circle distance, but may opt for a longer route due to weather, traffic, to utilise a jet stream, or to refuel. Commercial flights are often categorized into long-, medium- or short-haul by commercial airlines based on flight length, although there is no international standard definition.
Competition between Airbus and BoeingThe competition between Airbus and Boeing has been characterized as a duopoly in the large jet airliner market since the 1990s. This resulted from a series of mergers within the global aerospace industry, with Airbus beginning as a pan-European consortium while the American Boeing absorbed its former arch-rival, McDonnell Douglas, in 1997. Other manufacturers, such as Lockheed Martin and Convair in the United States, and British Aerospace (now BAE Systems) and Fokker in Europe, were no longer able to compete and effectively withdrew from this market.
LufthansaDeutsche Lufthansa AG (ˌdɔʏtʃə ˈlʊfthanzaː ʔaːˈɡeː), commonly shortened to Lufthansa, serves as the flag carrier of Germany. When combined with its subsidiaries, it stands as the second-largest airline in Europe in terms of passengers carried, after the ultra low-cost carrier Ryanair. Lufthansa is also one of the five founding members of Star Alliance, which is the world's largest airline alliance, formed in 1997.
Low-cost carrierA low-cost carrier or low-cost airline (occasionally referred to as no-frills, budget or discount carrier or airline, and abbreviated as LCC) is an airline that is operated with an especially high emphasis on minimizing operating costs and without some of the traditional services and amenities provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees – such as for carry-on baggage.
WestJetWestJet Airlines Ltd. is a major Canadian airline headquartered in Calgary, Alberta, near Calgary International Airport. It is the second-largest airline based in Canada, behind Air Canada, operating an average of 777 flights and carrying more than 66,130 passengers per day. In 2018, WestJet carried 25.49 million passengers, making it the ninth-largest airline in North America by passengers carried. WestJet was founded in 1994 and began operations in 1996. It began as a low-cost alternative to the country's competing major airlines.
New Zealand dollarThe New Zealand dollar (tāra o Aotearoa; sign: ;code:NZD)istheofficialcurrencyandlegaltenderofNewZealand,theCookIslands,Niue,theRossDependency,Tokelau,andaBritishterritory,thePitcairnIslands.WithinNewZealand,itisalmostalwaysabbreviatedwiththedollarsign(). The abbreviations "NZ"or"NZ" are sometimes used (outside New Zealand) when necessary to distinguish it from other dollar-denominated currencies. Introduced in 1967, the dollar is subdivided into 100 cents. Māori cultureMāori culture (Māoritanga) is the customs, cultural practices, and beliefs of the indigenous Māori people of New Zealand. It originated from, and is still part of, Eastern Polynesian culture. Māori culture forms a distinctive part of New Zealand culture and, due to a large diaspora and the incorporation of Māori motifs into popular culture, it is found throughout the world. Within Māoridom, and to a lesser extent throughout New Zealand as a whole, the word Māoritanga is often used as an approximate synonym for Māori culture, the Māori-language suffix -tanga being roughly equivalent to the qualitative noun-ending -ness in English.
Freedoms of the airThe freedoms of the air, also called five freedoms of air transport, are a set of commercial aviation rights granting a country's airlines the privilege to enter and land in another country's airspace. They were formulated as a result of disagreements over the extent of aviation liberalisation in the Convention on International Civil Aviation of 1944, known as the Chicago Convention. The United States had called for a standardized set of separate air rights to be negotiated between states, but most other countries were concerned that the size of the U.
Economy of New ZealandThe economy of New Zealand is a highly developed free-market economy. It is the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 62nd-largest in the world when measured by purchasing power parity (PPP). New Zealand has a large GDP for its population of 5 million, and sources of revenue are spread throughout the large island nation. The country has one of the most globalised economies and depends greatly on international trade, mainly with Australia, China, the European Union, Japan, Singapore, South Korea, and the United States.