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Air NZ has $200m of Covid credits, declines to give guidance

More international competition, volatile fuel prices, a weaker New Zealand dollar, ongoing wage inflation, and increased airport charges all weigh.

Air New Zealand is still carrying about $200 million of Covid-related travel credits on its balance sheet, with customers having until January 31 next year to rebook before they expire, the airline told shareholders today.

Meanwhile, the company is not providing any financial guidance for the 2024

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Hamish McNicol Tue, 26 Sep 2023
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Air NZ has $200m of Covid credits, declines to give guidance
Investment,
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