Air NZ suffers before-tax loss of $628m, on Covid-19 impact
It is the airline's first loss in 18 years.
Air New Zealand has made a before-tax loss of $628 million in the year to June 30, down 264% on last year’s before-tax profit of $382m, after the airline’s revenues were decimated by Covid-19 travel restrictions.
The loss – the airline’s first in 18 years – included $541m of
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