Greg Foran
Our national airline is not providing any profit guidance for the new financial year in which it expects the 'tougher economic backdrop' of the past year to continue
29th Aug 24, 9:50am
22
Our national airline is not providing any profit guidance for the new financial year in which it expects the 'tougher economic backdrop' of the past year to continue
Plane delivery delays, alternative jet fuel difficulties and lack of regulatory support sees Air NZ step out of SBTi global carbon reduction organisation
31st Jul 24, 12:09pm
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Plane delivery delays, alternative jet fuel difficulties and lack of regulatory support sees Air NZ step out of SBTi global carbon reduction organisation
Our national airline says it is 'leaning into the reality of a worsening revenue and cost environment'
22nd Feb 24, 9:34am
14
Our national airline says it is 'leaning into the reality of a worsening revenue and cost environment'
Our national airline announces profit guidance suggesting the second half of the current financial year is proving to be a very bumpy one
19th Feb 24, 11:49am
10
Our national airline announces profit guidance suggesting the second half of the current financial year is proving to be a very bumpy one
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
24th Aug 23, 9:38am
55
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
Air New Zealand has now drawn down $760 mln in borrowings from the Government as it continues to burn cash
24th Feb 22, 10:01am
5
Air New Zealand has now drawn down $760 mln in borrowings from the Government as it continues to burn cash
Our national airline says its 'monthly cash burn' is expected to be between $45 mln and $55 mln a month for the remaining five months of the financial year; capital raising still planned by June
25th Feb 21, 9:37am
5
Our national airline says its 'monthly cash burn' is expected to be between $45 mln and $55 mln a month for the remaining five months of the financial year; capital raising still planned by June
Our national airline is not giving any specific financial guidance for the year ahead but says each of the scenarios it is currently modelling suggests it will make another loss in 2021
27th Aug 20, 9:01am
26
Our national airline is not giving any specific financial guidance for the year ahead but says each of the scenarios it is currently modelling suggests it will make another loss in 2021
Air NZ expects to draw on the $900m Crown loan in 'due course' and is 'actively' looking at a range of long-term funding options
23rd Jul 20, 1:09pm
35
Air NZ expects to draw on the $900m Crown loan in 'due course' and is 'actively' looking at a range of long-term funding options
Government looks to limit the flow of passengers back into the country as quarantine facilities fill up
7th Jul 20, 8:40am
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Government looks to limit the flow of passengers back into the country as quarantine facilities fill up
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
26th May 20, 10:17am
6
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
16th Mar 20, 10:31am
11
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
Air New Zealand slashes profit forecast for the financial year to June; services to Seoul suspended till June; total flight capacity to Asia cut by 17% through to June
24th Feb 20, 10:10am
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Air New Zealand slashes profit forecast for the financial year to June; services to Seoul suspended till June; total flight capacity to Asia cut by 17% through to June
Kiwi Greg Foran returning from Walmart to take the reins at Air New Zealand next year after Christopher Luxon's departure
11th Oct 19, 9:22am
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Kiwi Greg Foran returning from Walmart to take the reins at Air New Zealand next year after Christopher Luxon's departure