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Hot Topic SCIENCE
Hot Topic SCIENCE
Last Word
4 mins to read

Fasten your seatbelt; Air NZ takes public for a ride

ANALYSIS: Air NZ loses altitude with latest earnings downgrade, while hiking domestic fares.

Despite Air NZ seeing weaker domestic demand, this week it raised fares.

With under-promising and over-delivering generally a failsafe way to keep the market happy, four earnings downgrades in six months is not a track record any listed company would be pleased about.

Air New Zealand’s latest downgrade is for a profitability drop of $40 million to $50m on its previous

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Fasten your seatbelt; Air NZ takes public for a ride
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