Air NZ slashes Australia flights by 80%
Slumping demand and travel restrictions mean services are pared back or suspended.
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.
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.
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.
Staff have been asked to self-isolate for 14 days "as a precaution".
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.
Developments for a new terminal, apron and car-park. Made with funding from NZ On Air.
A 45 minute flight is much more appealing than an eight-hour drive.
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.