Air New Zealand Predicts Profit Hit From COVID-19

aircraft
Air New Zealand Boeing 787-9
Credit: Rob Finlayson
AUCKLAND—Air New Zealand has become the latest airline to forecast a significant drop in profits caused by the COVID-19 coronavirus outbreak, in addition to further capacity reductions. The carrier projects that its earnings will be down by NZ$35-75 million ($22-48 million) for fiscal 2020, which...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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