Air NZ's pre-tax loss plunges 193% on decimated international air travel
The airline has reduced cash burn and plans to raise capital soon.
Air New Zealand has made a substantial loss as expected in the first half of its 2021 financial year, due to Covid-19 decimating the travel sector.
The airline made a net loss after tax of $72 million in the six months to December 31, down 171% from a profit of $101m in the previous
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