DALLAS – Air New Zealand (NZ) has cut its full-year loss forecast for a second time. This comes after demand for travel to the country increased following the reopening of the country’s borders.
The carrier expects to report a loss of less than NZ$750 million (US$480 million) after tax. This compares to an earlier loss forecast of over NZ$800 million announced in February.
Air New Zealand has been significantly impacted by the uncertainty over the country’s borders reopening following the Omicron coronavirus variant outbreak. read more ⇒
Source:: “Airways Magazine”