Savage headwinds for Air New Zealand
In just four weeks, Air New Zealand's earnings outlook has turned to custard.
In just four weeks, Air New Zealand's earnings outlook has turned to custard.
Air NZ shares tumbled 7.5 per cent after it told the stock exchange that the impact of the Christchurch earthquake and Japan's devastating quake and tsunamis will wipe out its profit in the second half of the year.
Auckland Council should follow its new focus in asking its agencies to get better value from its commercial assets, says the Government.
Air New Zealand is to increase fares for all flights from March 18 because of rising fuel costs.
Air New Zealand has announced it is upping its domestic and international air fares due to the rising cost of jet fuel, following a similar move by Qantas this morning.
Tooth and claw competition is what we need, not John Key's mothering.
Katherine Irvine has found people from all walks of life doing what they can to contribute to the earthquake appeal.
So passengers are going to be able to make mobile phone calls on domestic flights on Air New Zealand's new A320s. Fantastic. Hurrah. Yippee. Not.
Air NZ is prolonging an offer of "compassionate" discount fares to and from Christchurch as Qantas faces criticism for sticking with normal pricing.
Air New Zealand has reported a 75 per cent rise in half year net profit to $98 million, as passenger numbers, cargo volumes and yields all increased from a year earlier.
Spending by tourists dropped to a five-year low in 2010, even as more people visited New Zealand, as the strong kiwi dollar sapped purchasing power.
Air NZ's code-share deal is part of a trend towards a super era in air travel, says exec
Air New Zealand will be adding two new direct services each week to China from December, meaning it will have a direct service to China every day.
The manufacturer of a plane forced to crash land without its nose wheel in Blenheim has defended its safety record.
Overseas institutions will be keen on any partial float of the state owned power companies, says AMP Capital.
The Govt's case for selling down some asset stakes sits on a three-legged stool. On examination it is not particularly sturdy.