Air New Zealand shares sink to a near 19-month low as headwinds increase
Air New Zealand's tailwinds have turned to headwinds as jet fuel prices recover, competition grows and profit margins shrink. With special feature audio.
Jenny Ruth Thu, 26 May 2016
Air New Zealand’s [NZX: AIR] shares have sunk to their lowest level in nearly 19 months, plunging more than 33% since early April as the airline’s tailwinds have reversed into headwinds.
The shares fell 4c to $2.02 yesterday, their lowest level since early November 2014, and they have sunk from
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