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8 Sep 2024 11:19
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  •   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

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    The Regulation Minister has rubbished calls for tougher regulation in the grocery sector More...



     Today's News

    Rugby:
    The dissection has begun for the Wallabies after a record mauling by the Pumas 11:07

    Business:
    The Regulation Minister has rubbished calls for tougher regulation in the grocery sector 11:07

    Rugby League:
    The women's singles champion's been crowned at the US Tennis Open.. 10:57

    Accident and Emergency:
    Fire crews are working to put out a house fire in Invercargill 10:27

    Motoring:
    Paralympics 2024: Australia's James Turner triumphs in men's 100m T36 at Paris Games, Curtis McGrath wins fourth para canoe gold 10:07

    International:
    Paralympics medal tally: Here's Australia's team standings on day 10 of the Paris Games 10:07

    Rugby:
    All Blacks coach Scott Robertson's heaping praise on Wallace Sititi amid the 18-12 loss to the Springboks 10:07

    Environment:
    Four firefighting crews and two helicopters are back tackling a vegetation fire in Otago 9:57

    Rugby:
    The All Blacks have crashed to back to back defeats in South Africa - and have now lost three of their last four 9:47

    International:
    How often should you change kitchen sponges, cloths and brushes? 9:17


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