Air New Zealand lifeline: 'We got what we wanted'
The airline industry would look much different when the coronavirus virus passed.
The airline industry would look much different when the coronavirus virus passed.
Is the bailout enough to ensure Air New Zealand survives?
This is much different to the last time the Government bailed the airline out.
A New Zealand citizen must use her German passport to get out of Argentina.
Life has changed. The borders are shut to all tourists and large gatherings are banned.
Airlines are balancing hunkering down with readiness for some sort of normal.
Airlines won't have to pay $162m in passenger-based charges.
Rob Fyfe says the airline must survive, takes a swipe over border rules.
This is the first of a range of measures to cut staff costs by 30 per cent.
Business community looks to keeping customers and staff safe.
Air New Zealand has activated crisis centres at head office and at Auckland Airport.
Finance Minister Grant said the airline was subject to ongoing discussions.
Backpackers boss claims an Italian backpacker lied to them in a bid to get a bed.
Slumping demand and travel restrictions mean services are pared back or suspended.
The interim dividend of 11c has also been cancelled.
Airlines are offering free cancellations to affected travellers.
Up to 30 per cent of Air NZ staff face losing their jobs as travel dries up
An analyst says the Government is likely to be called in to help prop up the airline.
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.
COMMENT: Why is Air NZ's new boss penalising himself for something beyond his control?
COMMENT: Reasons behind salary sacrifices are bad news in the long run for passengers.
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.