Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

AIR NEW ZEALAND PROFITS COLLAPSE

NEW ZEALAND, The airline's profits nose-dived from $127 million to only $3.8 million in the first half of the financial year. Air New Zealand, which announced an overhaul of its management, attributed the profit drop to: Fuel prices at ten year highs; New Zealand and Australian dollars at all time lows against the United Stated dollar; increased competition in the Australian market.

AVIONEWS - World Aeronautical Press Agency - 8436
Rome, Italy, 02/20/2001 12:33
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesGatwick (2). The terminal has also reopened to passengers

The post on X confirms it

The London-Gatwick Airport company has published a post on X that confirms: "The earlier security alert has now been resolved and cleared by police. The South Terminal is reopening to staff and will be... more

AirlinesLOT Polish Airlines adds Malta to its European route network

Inaugural flight in April 2025 four times a week

LOT Polish Airlines, a member of Star Alliance, is continuing the expansion of its European route network and will start serving Malta from Spring 2025. Following the inaugural flight on 16th April 2025,... more

AirlinesEuropean aviation sector calls for dedicated industrial strategy

To help achieve Net‑Zero by 2050

The European aviation industry has sent an open letter to the EU institutions and Member States urging them to prioritise aviation's decarbonisation through a dedicated Industrial Strategy as part of the... more