Air NZ to cut international capacity by 85%; in trading halt
An analyst says the Government is likely to be called in to help prop up the airline.
An analyst says the Government is likely to be called in to help prop up the airline.
The airline is working with the Government and unions as the crisis deepens.
New "toughest" rules are not evident yet at Auckland Airport.
Air New Zealand is battling to manage the surge in customer calls.
The strict restrictions left room for some Kiwis to continue doing their jobs.
The Government's tightened restrictions leave workers with an uncertain future.
Hundreds of trips will need to be rebooked by agents.
Staff are being redeployed around the business.
Union leaders were shown the bleak demand picture at a meeting yesterday.
Greg Foran started in Air NZ's top job on February 3 - as the Covid-19 crisis hit
It could be survival of the fittest if the coronavirus crisis worsens.
The airline has also slashed network capacity by about 10% for the next three months
This is the worst financial hit facing Air NZ since 2001 but it's a different airline now.
Staff have been asked to self-isolate for 14 days "as a precaution".
One hundred passengers were on board the two domestic flights taken by the infected woman.
Air New Zealand is making further cuts to domestic, trans-Tasman, and Asian services.
Collapsing demand is forcing airlines to cut routes around the world.
Some airlines are reporting 50 per cent passenger no shows, scores of planes grounded.
It didn't take long for bargain-hunters to snap up the airfares on Monday morning.
The demand for the cheap airfares broke records.
Bargain domestic flights will be up for grabs this morning.
The airline is working on ways to cope with a plunge in passenger numbers.
The agency didn't even exist a year and a half ago.
Airlines are discounting travel on routes where people are happy to fly as others dry up
There's a big difference with Air NZ's latest safety video.
We say: We are the largest direct beneficiaries from tourism, to the tune of $40b a year.
New chief executive also explains aims of 'directed diagnostic' of the business.
The airline maintains its 11c dividend and shares bounce in early trading.
Airline has spent 3 years developing what it is hoping will revolutionise Economy class.
Airlines and the travel industry need to use this crisis wisely.