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General Business
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Air NZ won’t be in the black until international travel resumes, says CEO

The airline has modelled 10 scenarios to gauge its future revenue, profit and cash burn.

Air New Zealand doesn’t expect to be profitable until international travel resumes in earnest, and the company will raise a substantial amount of cash to tide it over until then.

The airline’s chief executive Greg Foran told NBR that international travel is the key to get the business back

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Calida Stuart-Menteath Fri, 26 Feb 2021
Contact the Writer: calida@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Air NZ won’t be in the black until international travel resumes, says CEO
General Business,
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