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      Home > News > Business

    Air New Zealand's bracing for a big loss, with more changes on the way

    Air New Zealand's bracing for a big loss, with more changes on the way

    26 May 2020

    Air New Zealand
    Air New Zealand
    The airline hasn't revealed exactly how much it expects to lose this financial year.

    But New Zealand Herald business reporter Jamie Gray says there's one piece of good news.

    He says Air New Zealand hasn't yet had to draw on the Government's 900-million dollar loan - which is a positive.

    Air New Zealand says the move to Alert Level 2 has let it ramp up domestic flights - but returning to pre covid levels will take time.

    © 2024 Newstalk ZB, NZCity


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    The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem More...


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