Grand traverse: superb views over lakes Tekapo and Pukaki, glaciers, mt cook, mountains, etc. Really magnificent.
However choose your seats carefully. The best ones are in the front and back of the plane. Unfortunately for me, i ended up in a seat in the middle section and the views were obscured by the wing, which was frustrating.
Also, if you can only afford 1 air trip while in South Island, in my opinion the "fly cruise fly" package from Queenstown to Milford sound offers better value for money. It only costs 30% more but you get 2 x 35 min flights and a 2h cruise.
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