News | Business
2 May 2024 22:15
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • 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

    Our largest airline and airport are warning tougher times lie ahead

    Our largest airline and airport are warning tougher times lie ahead


    Air New Zealand
    Air New Zealand
    Air New Zealand's first-half passenger revenue is up 21-percent, driven by a major lift in international flight offerings.

    But its first-half earnings are down 38-percent on the Post-Covid surge - as air travel levels out and the airline deals with airline issues like the costly Pratt and Whitney engine issues.

    Auckland Airport's first-half underlying earnings are 24-times higher than last year, due to the easing of Covid restrictions around the world.

    But the airport says the second half is likely to be affected by softening demand, particularly for domestic travel.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     02 May: The Government's about to go toe-to-toe with Canada again, over a trade dispute
     02 May: More new homes could be on the way, despite latest figures
     02 May: This year's New Zealand Fashion Week in August is off - because of a lack of designers
     02 May: Nelson City Council-owned properties at risk from landslips, are up for sale
     02 May: An independent review has found the buck stops with NZQA, for the problems with multiple digital exams
     02 May: The unemployment rate's the highest it's been in three years
     01 May: Crusaders coach Rob Penney's confirmed David Havili's switch to first-five has been backed by All Blacks management and is far from a stop-gap measure
     Top Stories

    RUGBY RUGBY
    The Black Ferns are set to go head-to-head with England at London's Twickenham More...


    BUSINESS BUSINESS
    The Government's about to go toe-to-toe with Canada again, over a trade dispute More...



     Today's News

    Business:
    The Government's about to go toe-to-toe with Canada again, over a trade dispute 21:57

    Entertainment:
    Ryan Gosling won't direct another film until his kids are older 21:44

    Rugby:
    The Black Ferns are set to go head-to-head with England at London's Twickenham 21:17

    Entertainment:
    Elizabeth Hurley's "sadness" over Shane Warne's death has "stayed with" her 21:14

    Entertainment:
    Peter Andre's wife has rejected all of his choices for their daughter's name 20:44

    Entertainment:
    Prince Harry and Meghan, Duchess of Sussex are to visit Nigeria 20:14

    Politics:
    Bob Carr intends to sue NZ Foreign Minister Winston Peters for defamation over on-air insult 19:47

    Entertainment:
    'The Young and the Restless' star Marla Adams has died 19:44

    Entertainment:
    Russell Brand is planning to get baptised because it's an "opportunity to leave the past behind " 19:14

    Accident and Emergency:
    Police are gearing up for a weekend of aerial searches, for a solo fisherman missing off Raglan's coast, in Waikato 18:57


     News Search






    Power Search


    © 2024 New Zealand City Ltd