All Air New Zealand articles – Page 2
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NewsAir New Zealand to raise NZ$2.2 billion for post-pandemic recovery
Air New Zealand has rolled out a NZ$2.2 billion ($1.53 billion) recapitalisation package - aimed at boosting its war chest for post-pandemic recovery - as it expects to continue to be loss-making in the near-term.
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NewsAir New Zealand to launch New York nonstop after pandemic hiatus
Air New Zealand will launch nonstop flights to New York later this year, after the coronavirus pandemic paused the carrier’s ultra-long-haul ambitions.
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Airline BusinessDiversity and sustainability action can help airlines ‘build back better’
As the recovery momentum builds, so does scrutiny over whether the airline industry is truly committed to ‘building back better’ – a refrain popular with more than one chief executive during the darkest days of the crisis.
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NewsAir New Zealand appoints new operations, strategy chiefs
Air New Zealand has appointed Alexandria Marren as its new chief operating officer from late March.
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NewsWellington ups financial support to Air New Zealand amid ‘ongoing uncertainty’
The New Zealand government has increased its financial support scheme to flag carrier Air New Zealand, amid “ongoing uncertainty” over recovery from the impact of the coronavirus.
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NewsWellington nixes Trans-Tasman bubble; thousands of flights cancelled
Plans to restart quarantine-free travel between Australia and New Zealand are in disarray as Wellington rules out resuming the travel bubble with its closest neighbour this year.
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NewsAir New Zealand draws further from loan facility amid pandemic uncertainty
Air New Zealand has suspended its cash burn forecast citing “ongoing uncertainty” around New Zealand’s coronavirus situation, as it draws down further from a government loan facility.
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NewsAsia-Pacific carriers warm to mandatory passenger jabs
At least three Asia-Pacific carriers have made it compulsory for all travellers to be fully-vaccinated before flying, as the region moves towards post-pandemic reopening.
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NewsAir NZ operating chief leaves airline to lead Auckland airport
Air New Zealand’s chief operating officer Carrie Hurihanganui has resigned from the carrier, and will take helm of Auckland Airport in early 2022.
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NewsAir New Zealand, Airbus embark on hydrogen aircraft research
Air New Zealand has signed a memorandum of understanding with Airbus to study the feasibility of hydrogen-powered aircraft in New Zealand.
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NewsTrans-Tasman bubble woes to widen Air NZ losses
Air New Zealand has forecast a worst financial performance in the coming year, as the pause in the Trans-Tasman travel bubble is expected to have a significant impact on earnings.
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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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NewsAir 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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NewsAir 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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NewsCiting 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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NewsAir 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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NewsGovernment 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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NewsAir 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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NewsNew 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 of several ...
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NewsATR 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.