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Air New Zealand s profit drops 39% as operational challenges persist

Air New Zealand has announced its net profit after tax was $129m for the first half of the 2024 financial year, a 39 per cent drop compared to 1H23.

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Air New Zealand announces 2024 Interim Results

Air New Zealand announces 2024 Interim Results
centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.

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Air NZ half year profit down 39%: Price hikes to be expected

Brace for potential Air NZ price hikes, the national carrier's half year profit plummeted 39% on the same period last year. But that's still an after tax profit of 129 million dollars. It's warning the second half of the year will be bumpy too. The airline says it been hit by inflation, rising fuel prices and engine maintenance issues. That's despite passenger revenue cracking 3 billion dollars a jump of 21%, largely due to long haul flights. Air NZ boss Greg Foran speaks to Lisa Owen. [embed] https://players.brightcove.net/6093072280001/default default/index.html?videoId=6347355703112

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World s Longest Flight Delayed by Aviation s Supply-Chain Woes

World s Longest Flight Delayed by Aviation s Supply-Chain Woes
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Air New Zealand braced for delay in entry of first of new 787s

Air New Zealand braced for delay in entry of first of new 787s
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