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29 Feb 2020 17:21
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      Home > News > Business

    Qantas tells investors Jetstar is "loss-making" on regional NZ services

    Qantas has told investors Jetstar is "loss-making" on its regional services in New Zealand and market conditions are being monitored closely



    Its regional services connect with Napier, Nelson, New Plymouth and Palmerston North, and service cuts could be possible

    The Qantas results, released to the Australian Stock Exchange, offer no other detail on New Zealand services.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     29 Feb: Effects of the coronavirus outbreak have led economists to forecast global growth will slip to 2.4 percent this year, the slowest since the Great Recession in 2009, and down from earlier expectations closer to 3 percent
     29 Feb: The list of countries touched by coronavirus climbed to nearly 60 as Mexico, Belarus, Lithuania, New Zealand, Nigeria, Azerbaijan, Iceland and the Netherlands reported their first cases
     29 Feb: A long-awaited drought classification has brought relief to Waikato farmers
     29 Feb: Netflix is benefiting from coronavirus
     29 Feb: Corona beer has lost a major chunk of profit during the coronavirus outbreak
     28 Feb: New Zealand markets have the ability to withstand the coronavirus outbreak
     28 Feb: New Zealand Rugby is a matter of weeks away from deciding if it will enter formal discussions to allow private equity groups to invest in the organisation
     Top Stories

    RUGBY RUGBY
    The Highlanders have been exposed in a shock 28-22 Super Rugby loss to the Rebels in Dunedin More...

    BUSINESS BUSINESS
    Effects of the coronavirus outbreak have led economists to forecast global growth will slip to 2.4 percent this year, the slowest since the Great Recession in 2009, and down from earlier expectations closer to 3 percent More...


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