Air NZ says the flood of foreign carriers coming into the country is good for its domestic business and it's still getting a big share of a growing inbound market

The operator of an agency bringing rich American tourists to New Zealand says the lack of Kiwis in tourism here could harm the industry.

One industry watcher says it's time for NZ hotels to get investment in new properties.

Air NZ has opted to settle a US price-fixing case for $51 million in the latest of a series of cargo cartel actions it has been fighting around the world.