Air New Zealand Changes Forecast From Profit To Loss

air new zealand jets on the runway
Credit: Dark Horse/Alamy Stock Photo
Air New Zealand has downgraded its earnings guidance and now predicts revenue and cost pressures will cause it to sink to a loss in the six months through Dec. 31. The carrier is forecasting a pre-tax loss of NZ$30 million to NZ$55 million ($17 million to $32 million) for the six-month period, 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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