All Air New Zealand articles
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NewsAir NZ defers 787 deliveries, forecasts record full-year loss
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.
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News
Air NZ reports first significant traffic growth in more than year
Air New Zealand saw April passenger traffic grow for the first time in more than a year, aided by significant increases in its short-haul international and domestic operations.
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News
Air New Zealand, Air China renew partnership
Air New Zealand has extended its strategic alliance partnership with Air China for another five years, as both carriers reiterated their commitment to work together as the airline industry recovers from the coronavirus pandemic.
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News
Citing pandemic uncertainty, Air New Zealand delays proposed capital raise
Air New Zealand has postponed a planned capital raise by three months, to give it more time “to assess market conditions” amid the coronavirus pandemic.
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News
Air New Zealand mulls ‘opportunities to adjust’ widebody fleet amid half-year loss
Air New Zealand will take no new aircraft before June as it eyes “opportunities to adjust” its future widebody fleet, including reducing the number of Boeing 777-300ERs and delaying 787 deliveries.
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News
Government to retain majority stake after Air NZ’s equity raise
New Zealand’s government has confirmed its commitment to retain a majority stake in flag carrier Air New Zealand following a proposed equity capital raise.
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News
Air NZ expects more cargo revenue but warns of full-year losses
Air New Zealand expects cargo revenue for the coming financial year to exceed previous years’ levels, after being awarded four more months of cargo flights under a government scheme.
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News
New Zealand 787 engine inquiries closed after Rolls-Royce blade fix
New Zealand investigators have closed an inquiry into two incidents involving engine problems on Rolls-Royce-powered Boeing 787-9s operated by Air New Zealand. The country’s Transport Accident Investigation Commission states that the incidents involved fracture of intermediate-pressure turbine blades on Trent 1000 powerplants. Deterioration of these blades was one ...
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News
ATR plots path to low-carbon future in conjunction with shareholders
Regional turboprop manufacturer ATR is in discussions with its joint shareholders Airbus and Leonardo over plans to develop low-emission technologies on the aircraft and hopes by early 2021 to have identified a future strategy.
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Opinion
‘Antifragile’ airlines have the edge
Carriers seeking a strong recovery from coronavirus should focus on how adversity can drive change for the better, writes Shashank Nigam of airline marketing specialist SimpliFlying
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Analysis
How many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.
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News
Wellington plans reciprocal transit agreements for repatriation
New Zealand will enter into reciprocal transit arrangements with a number of countries to make it easier for both citizens and foreigners to get home. The rapid closure of borders and tightening travel restrictions, along with the resulting decline in commercial airline flights has left many travellers struggling to ...
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In depth
Qantas tests limits of ultra-long-haul service
Project Sunrise could see flights of 19h-plus from New York and London to Sydney - if the aircraft, passengers and crew can take the strain
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News
Air NZ targets 30% reduction in workforce: CEO
Air New Zealand could reduce its workforce of 12,500 by up to 30%, as it works through the challenges posed by the coronavirus outbreak Chief executive Greg Foran says: ” Air New Zealand ’s well-placed to get through Covid-19. We’re a strong resilient business, we’ve got a good ...
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News
ANZ reviews schedules as government clamps down on travel
Air New Zealand is reviewing the impact of new measures from the country’s government intended to combat the spread of coronavirus. Under the directive every person entering New Zealand, excluding Pacific territories, will be required to self-quarantine for 14 days, a restriction which will be reviewed in 16 days’ ...
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News
Air NZ withdraws earnings guidance on coronavirus uncertainty
Air New Zealand is withdrawing its full-year earnings guidance for 2020 “due to increased uncertainty surrounding the duration and scale of the Covid-19 outbreak.” The carrier disclosed on 24 February target earnings before other significant items and taxation of NZ$300-350 million ($189-220 million) for financial year 2020, with ...
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News
Air New Zealand maintains profitability despite slowdown
Air New Zealand has maintained profitability even as it adapts to a lower growth environment, reporting a NZ$198 million ($124 million) EBIT for the six months ended 31 December 2019, down from NZ$217 million in the year-ago period. “Our capacity discipline on existing routes, stimulation of leisure traffic ...
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News
Air New Zealand debuts bunk bed concept for economy class
Air New Zealand has filed patent and trademark applications for full-length sleep pods in economy class, as it mulls installing them on its ultra long-haul routes. Unveiling the Economy Skynest, the carrier says it will decide whether or not to install the product after assessing the performance of its ...
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News
Air New Zealand expects up to $47m hit from coronavirus
Air New Zealand is expecting a NZ$35-75 million ($22-47 million) hit to financial year 2020 earnings, as it weighs up the impact of the coronavirus outbreak against cheaper jet fuel. “The airline’s revenue outlook for the remainder of the year is expected to be adversely impacted as a ...
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Opinion
What airlines must do to achieve greater gender diversity
It’s about time that the aviation industry took serious action to address its major gender balance disparity.
