News | Business
15 Apr 2024 14:53
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
     15 Apr: The owner of a liquidated Auckland restaurant - must pay a former chef tens of thousands of dollars for employment breaches
     15 Apr: Teething issues at Auckland Airport's new 300-million dollar transport hub
     15 Apr: Some Dunedin residents are taking action against their proposed rates hike
     15 Apr: There's less than two weeks left in New Zealand's cruise ship season, with the last ship into Wellington arriving today
     14 Apr: How life has changed in Hong Kong under sweeping security laws
     14 Apr: Under pressure Rabbitohs coach Jason Demetriou insists it's "business as usual" going forward - despite another loss in league's NRL
     14 Apr: Tech companies are proving the big winners from A-I's growing influence on the stock market
     Top Stories

    RUGBY RUGBY
    Queensland Reds duo Tate McDermott and Fraser McReight will face the music after their red cards in the Super Rugby Pacific loss to Moana Pasifika More...


    BUSINESS BUSINESS
    The owner of a liquidated Auckland restaurant - must pay a former chef tens of thousands of dollars for employment breaches More...



     Today's News

    Entertainment:
    O.J. Simpson reportedly died surrounded by all four of his children 14:40

    International:
    US cautions Israel against further escalation, emergency UN Security Council meeting held — as it happened 14:17

    Entertainment:
    Jewel has described Kevin Costner as a "great person" and admitted she's baffled by the "intense" speculation over their relationship status 14:10

    Business:
    The owner of a liquidated Auckland restaurant - must pay a former chef tens of thousands of dollars for employment breaches 14:07

    Politics:
    The Government's making it easier for renters to have pets 13:47

    Business:
    Teething issues at Auckland Airport's new 300-million dollar transport hub 13:47

    Entertainment:
    Tori Spelling is "not good" with money 13:40

    Entertainment:
    Kirsten Dunst thinks being a mother has made her a better actress 13:10

    Politics:
    Labour's leader says an international effort is needed to save news media 13:07

    Cycling:
    Ellesse Andrews has collected victory in the keirin at the latest UCI Track Nations Cup round in Canada 12:47


     News Search






    Power Search


    © 2024 New Zealand City Ltd