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Hot Topic EARNINGS
Investment
6 mins to read

Air NZ and Auckland Airport point fingers over monopoly concerns

NZX-listed companies both reported HY earnings today, but an ongoing row over pricing rears its head.

An Air New Zealand jet.

Will Mace Thu, 20 Feb 2025
Key points
  • Operating revenue – down 2% to $3.4b
  • Profit – down 18% to $106m
  • Main takeaway – profit falls and capacity constrained by fleet issues.

Auckland International Airport is trying to distract the market from its own cost and price increases by raising questions about the potential for regulation targeting Air New Zealand’s domestic market dominance, the airline’s CEO Greg Foran says.

The two companies – which both reported

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Will Mace Thu, 20 Feb 2025
Contact the Writer: william@nbr.co.nz
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Key points
  • Operating revenue – down 2% to $3.4b
  • Profit – down 18% to $106m
  • Main takeaway – profit falls and capacity constrained by fleet issues.
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Air NZ and Auckland Airport point fingers over monopoly concerns
Investment,
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