Air NZ CEO says up to 30% of staff to be laid off
Airline's shares tank as market absorbs implications of government bailout.
Air New Zealand chief executive Greg Foran has said the continued decline in flights had caused the revenue from international flights to plummet 85%, and there had been a decline of 60-70% in revenue from domestic flying.
Foran spoke publicly about the crisis his company is facing in the wake
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