Air New Zealand shares (NZE:AIR) slumped to a new 52-week low of NZ$0.44 before closing at NZ$0.45 into the weekend, extending year-to-date losses to 23.73 percent, after the carrier suspended its ...
Sydney Airport has highlighted the vulnerability of Australia’s fuel supply, due to the total reliance on imports that are at the mercy of international shipping lanes and geopolitical stability.
The airline is set to cancel around 1100 flights over fuel supply concerns, affecting the travel plans of thousands.
(Reuters) -Air New Zealand on Wednesday warned it would report a first-half loss after soft local economic conditions dented expectations for a revenue pickup in domestic and U.S.-bound bookings ...