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Air NZ guides ‘adverse’ 2H due to competition and costs

Airline expects earnings before tax for FY24 to be in the range of $200m to $240m.

Air NZ is experiencing weak domestic demand from corporate and government customers.

Will Mace Mon, 19 Feb 2024

Air New Zealand is warning that deteriorating economic and operational conditions will have a “significant adverse impact” on its second half performance.

The airline, which will report its interim results this Thursday, told the market in a statement this morning that its half-year performance

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Air NZ guides ‘adverse’ 2H due to competition and costs
Investment,
102760
true