Air New Zealand Warns COVID-19 Impact Larger Than Estimated

aircraft
Air New Zealand 777-200
Credit: Joe Pries
AUCKLAND—Air New Zealand has warned that its losses related to the COVID-19 outbreak are likely to be higher than what the airline forecast just two weeks ago, as demand continues to sink. The carrier has withdrawn the earnings guidance it issued Feb. 24, in which it predicted the effects of the...

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