Air New Zealand Cuts Profit Forecast Amid North American Competition

Air New Zealand 777-300ER
Credit: Rob Finlayson
Air New Zealand has revised its fiscal year profit guidance downwards due mainly to increased pressure on passenger revenue. The carrier is now projecting a pre-tax profit of NZ$190-230 million ($112-135 million) for fiscal 2024, which ends June 30. This is revised from its February forecast of NZ...
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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