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4 Apr 2020 11:41
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  •   Home > News > Business

    Air New Zealand's net profit has slumped by 32 per cent to 101-million dollars -- and the airline says the coronavirus outbreak makes its outlook uncertain

    Air New Zealand's net profit has slumped by 32 per cent to 101-million dollars -- and the airline says the coronavirus outbreak makes its outlook uncertain


    Air New Zealand
    Air New Zealand
    It's recorded earnings before other significant items and taxation of 198-million dollars for the six-month period to December, down from 217-million.

    Air New Zealand chief financial officer Jeff McDowall is pleased with the result because the airline's faced significant challenges during that time.

    He says they include a significant downturn in cargo markets around the world, because of the trade disputes between the US and China.

    © 2020 Newstalk ZB, NZCity


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