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Air NZ cancels 2020 earnings guidance as coronavirus bites hard

CEO Greg Foran takes a pay cut to alleviate the airline's pain.

Air New Zealand has scrapped the full-year earnings guidance it gave to the market last month, and said results would be significantly worse as the uneasiness about coronavirus has seen people put off air travel.

The airline told the market this morning it had withdrawn the 2020 earning

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Calida Stuart-Menteath Mon, 09 Mar 2020
Contact the Writer: calida@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Air NZ cancels 2020 earnings guidance as coronavirus bites hard
General Business,
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