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Air New Zealand Ltd (AIR.NZ)

AIR.NZ on New Zealand Stock Exchange

2.65NZD
20 Feb 2019
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Wed, Jan 30 2019

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Air New Zealand flags weaker earnings as tourism market growth eases

WELLINGTON/SINGAPORE Air New Zealand Ltd lowered its profit outlook by as much as 30 percent on Wednesday as it forecast revenue growth would ease due to weaker tourism, raising broader concerns about slowing arrivals to New Zealand and nearby Australia.

UPDATE 3-Air New Zealand flags weaker earnings as tourism market growth eases

* Worries about slowing tourism, particularly from China - experts

Air New Zealand flags weaker earnings, citing engine issues

Jan 30 Air New Zealand expects much weaker revenue growth and profit in its 2019 financial year, it said on Wednesday, citing higher costs after problems with some Rolls-Royce engines.

UPDATE 1-Air New Zealand workers plan strike on busiest travel day of the year

Dec 7 Employees at Air New Zealand are planning to go on strike just four days before Christmas, the company said in a statement, a move that could affect thousands of customers in the peak travel season.

Air New Zealand warns fuel prices could hurt 2019 profits, shares dip

Air New Zealand Ltd warned on Wednesday higher than expected jet fuel prices could hurt profitability in 2019.

NZ PM Ardern sets up advisory council to counter gloomy business sentiment

WELLINGTON New Zealand Prime Minister Jacinda Ardern on Tuesday responded to firms' sinking confidence by announcing the formation of a business council, led by Air New Zealand Chief Executive Christopher Luxon, to advise her on major issues facing the economy.

NZ PM Ardern sets up advisory council to counter gloomy business sentiment

WELLINGTON, Aug 28 New Zealand Prime Minister Jacinda Ardern on Tuesday responded to firms' sinking confidence by announcing the formation of a business council, led by Air New Zealand Chief Executive Christopher Luxon, to advise her on major issues facing the economy.

UPDATE 2-Air New Zealand forecasts profit drop on higher fuel costs, hurting shares

* Airbus receives 2 A321neo orders (Recasts, adds CEO, broker comments)

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