In order to recover from a loss of profits, Air New Zealand is cutting flights from Hong Kong to London. The decision was made once a review of the route showed it is not likely to be profitable any time soon and the end of this service will be in March of 2013. This will cause approximately 70 crew positions based in London to be cut, but it will also allow more capacity to be diverted to North American destinations, such as San Francisco and Los Angeles.
About 8000 passengers will be affected and those customers who have tickets booked on the Hong Kong to London route after March 4, 2013 will be re-booked, most likely on Cathay Pacific. Air New Zealand chief executive Rob Fyfe said they want to strengthen their presence in Hong Kong and with that goal in the forefront, the airline has been given permission by New Zealand Ministry of Transport to form an agreement with Cathay Pacific.
The above article is a summary. Please see the source article at Google News.