Last week Emirates president Sir Tim Clark told the Herald that there was ''theoretically'' room for the Middle Eastern rivals.
"He's got another 30 to 40 minutes extra flying so it will be more difficult but do-able,'' he said.
"Both carriers are growth animals they thrive on growth and looking for new markets and being innovative and experimental in what they do.''
He said the fierce competition meant fares "couldn't be better" for New Zealand travellers.
''The fares are already down. In this part of the world were seeing airfares that were around eight to 10 years ago - that's supply and demand.''
Watch: Why airfares are falling:
Sean Berenson, Flight Centre general manager product said Qatar's entry to the market was good news for Kiwi travellers there had been a lot of interest in from customers particularly at our recent Travel Expos.
"Qatar offers great connectivity up to Europe and their service is world renowned. It means we're able to offer our customers both comfort and affordability, a win."
We've already seen movement in fares up to Europe this year due in part to increased competition and capacity up to Asia (and onward to Europe).
"With Qatar coming onto the Middle Eastern route it may be that we see similar stimulation on this route."
Berenson said business class fares less than $3500 on Cathay Pacific to Europe had been extremely popular.
"The increase in bookings and inquiry for premium cabins, particularly up to Europe, is a trend we're seeing across the board this year. Since the 'earlybird' season kicked off we've already seen more than 10 per cent growth in the number of premium cabin seats we've sold up to Europe," he said.