Air New Zealand Predicts Loss, No Long-Haul For Fiscal 2021

Air New Zealand
Credit: Air New Zealand / Twitter
AUCKLAND—Air New Zealand reported its first annual loss in 18 years, attributable to the COVID-19 pandemic, and the carrier expects another loss for fiscal 2021, which began July 1. The airline fell to a net loss of NZ$454 million ($297 million) for fiscal 2020, compared to a profit of NZ$276...
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.

Subscription Required

 

Air New Zealand Predicts Loss, No Long-Haul For Fiscal 2021 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.