Air NZ cuts half-year earnings forecast by up to $89m
New CEO Nikhil Ravishankar, who took the controls on Monday, has been handed an airline in nosedive.
New Air New Zealand CEO Nikhil Ravishankar.
Air New Zealand now expects to report an earnings loss of between $30 million to $55m in the first half, where it previously predicted a positive result of around $34m.
The NZX-listed airline downgraded its guidance for the six months to end of December due to the lack of an expected uplift in
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