Air New Zealand warns of coronavirus impact as profits dive

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

WELLINGTON: Air New Zealand announced a 34 per cent fall in interim net profit on Thursday (Feb 27) and warned the novel coronavirus would hit the ...

Air New Zealand posted a net profit of NZ$101 million for the six months to December, down from NZ$151 million in the same period a year earlier. AFP/Peter PARKSWELLINGTON: Air New Zealand announced a 34 per cent fall in interim net profit on Thursday and warned the novel coronavirus would hit the airline's bottom line as it slashes flights on Asian routes.

Chief executive Greg Foran said the airline was taking steps to minimise the virus' impact but full-year results would be affected.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Air New Zealand unveils sleep pod prototype for economy class passengersThe airline has been working on a new lie-flat prototype “sleep product” for long-haul economy class travellers who crave some shut-eye. interesting - capsules on a plane? Elucidatus So this is economy! Hmm
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

New Zealand bowlers need to maintain intensity in second India test - coachNew Zealand coach Gary Stead felt his pace bowlers had never been more accurate than in their 10-wicket win over India in the first test in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Australia unchanged for New Zealand one-day seriesMELBOURNE: Australia named an unchanged squad on Wednesday for next month's one-day international home series against New Zealand. Paceman Jhye ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Golf: Pernilla Lindberg to become first female golfer at New Zealand OpenWELLINGTON (AFP) - Major winner Pernilla Lindberg will become the first woman golfer to compete at the New Zealand Open on Thursday (Feb 27), ensuring her place in the 101-year-old tournament's history regardless of results.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Lie-Flat Beds In Economy Class? Air New Zealand Wants To Make That A RealityInnovation is good, but try to innovate too much and you can kill yourself. Will this cannibalize their business class sales? Space is important for airlines, is it efficient use? Why wouldn't people just buy business class then.
Source: TODAYonline - 🏆 1. / 99 Read more »

Air Canada extends flight suspension to Chinese cities, citing virusAir Canada announced Tuesday it is extending its suspension of flights between Canada and the Chinese cities of Beijing and Shanghai until April 10 due to the new coronavirus epidemic. Flights from Canada to the two cities had been temporarily suspended from January 30 to the end of February after the
Source: YahooSG - 🏆 3. / 71 Read more »