News | Business
28 Feb 2026 22:42
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Air New Zealand's fresh focus is resetting the business - after hitting some financial turbulence

    Air New Zealand's fresh focus is resetting the business - after hitting some financial turbulence

    27 February 2026

    Air New Zealand
    Air New Zealand
    The national airline's announced a 40-million-dollar half-year loss.

    Challenges include aircraft being grounded due to global engine issues, a slower than expected recovery, and rising costs.

    Chief Executive Nikhil Ravishankar says he took on a business grappling with a post-Covid rebuild.

    He says up until now, they've been playing not to lose - but now they're building a business that can play to win.

    © 2026 Newstalk ZB, NZCity


     Other Business News
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Retail NZ says there could be complications created by new gift card rules
     27 Feb: Rocket Lab's continuing to thunder to new heights, posting a record revenue of 300 million New Zealand dollars in the last three months of 2025
     27 Feb: The figures showing the number of people crossing the Tasman may look worse than they actually are
     27 Feb: Queenstown's Millbrook Resort's had a record year for property sales, hotel stays, and golf rounds
     27 Feb: More New Zealanders are putting their faith back into the housing market
     Top Stories

    RUGBY RUGBY
    The Chiefs are refusing to underestimate a wounded Crusaders side ahead of tonight's Super Rugby grand final rematch in Hamilton More...


    BUSINESS BUSINESS
    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector More...



     Today's News

    International:
    Israel and US attacking Iran live updates: blasts heard in Tehran 22:26

    Rugby:
    The Chiefs are refusing to underestimate a wounded Crusaders side ahead of tonight's Super Rugby grand final rematch in Hamilton 21:57

    Auckland:
    Four people have been injured - one seriously - when a van rolled in the Auckland suburb of Wiri 21:17

    Law and Order:
    The Armed Offenders Squad has been working in Auckland's Papakura today, after a man was shot this morning 18:57

    Rugby:
    The Blues are pointing to territory and preventing set piece penalties as keys to victory against the Brumbies tonight in Canberra 18:37

    International:
    Crown prince Reza Pahlavi on US military intervention in Iran and how a post Islamic Republic 'transition' would work 18:17

    Politics:
    Bill Clinton tells congressional committee he had 'no idea' about Jeffrey Epstein's crimes 18:07

    Soccer:
    Auckland FC attacking weapon Jesse Randall is stoked with how the club is tracking heading towards the final stretch of the A-League's regular season 18:07

    Boxing:
    Kiwi Carlos Ulberg will fight for the vacant UFC light heavyweight title at UFC 327 in Miami on April 12 17:27

    Rugby:
    Crusaders utility back Leicester Fainga'anuku's comfortable being deployed in a third different role in as many weeks on his Super Rugby Pacific return 16:57


     News Search






    Power Search


    © 2026 New Zealand City Ltd