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By Alfred Chua2021-06-18T03:10:00+01:00
Air New Zealand will delay taking delivery of more Boeing 787s for at least a year, as the carrier expects to plunge deeper into the red for its full-year financial results.
In a profit guidance issued on 18 June, the carrier expects full-year, pre-tax losses before signfiicant items to be not more than NZ$450 million ($315 million) - the carrier’s 2021 financial year ends on 30 June. This compares to the NZ$87 million loss it made in the previous year its first loss in 18 years.
Source: Wikimedia Commons
It also expects a dismal 2022 financial year, with losses on par with 2021.
SunLive - Air NZ expects full-year loss under $450m - The Bay s News First sunlive.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunlive.co.nz Daily Mail and Mail on Sunday newspapers.
Air New Zealand expects to report a full-year loss of under $450m rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.