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20 Feb 2026 15:48
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  •   Home > News > Business

    Air New Zealand's forecasting losses of up to 530-million-dollars next year, thanks to the suspension of the transtasman bubble

    Air New Zealand's forecasting losses of up to 530-million-dollars next year, thanks to the suspension of the transtasman bubble


    Air New Zealand
    Air New Zealand
    The loss is 80-million more than what it anticipated in June.

    Our national carrier is expecting to draw down further on the Crown standby loan facility before the end of this month.

    It's already withdrawn 350-million-dollars from it -- with a total 1.5-billion-dollars available.

    The outbreak of Covid-19's Delta variant in Australia has led to a halt on quarantine-free travel until at least mid-September.

    © 2026 Newstalk ZB, NZCity

     Other Business News
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     20 Feb: An urban planning specialist is advising the government to be careful changing a development plan he believes was already working
     20 Feb: A claim that a lack of competition is letting Air New Zealand slacken on standards
     19 Feb: Confidence green pastures lie ahead for Fonterra, as the sale of brands like Anchor and Mainland nears completion
     19 Feb: A Sky Sport Now subscription's about to become more costly
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