Profit Downgrade Spurs Air New Zealand Review
Credit: Rob Finlayson
Air New Zealand has downgraded its profit guidance due to softening demand, prompting the airline to launch a wide-ranging review of its business.The carrier now projects it will report a pre-tax profit of NZ$340-400 million ($233-274 million) for the full fiscal 2019 through June 30. This is down...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.