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Air NZ earnings would’ve been $100m better without aircraft issue

Airline’s earnings and profit drops year-on-year despite offering more capacity.

Air NZ chair Dame Therese Walsh.

Will Mace Thu, 29 Aug 2024

Air New Zealand has reported a 61% drop in annual earnings before tax, but said the result would have been about $100 million higher had it been able to operate its aircraft and schedule as intended.

The dual-listed airline this morning reported earnings fell 61%, from $574m to $222m, between FY23

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Will Mace Thu, 29 Aug 2024
Contact the Writer: william@nbr.co.nz
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Air NZ earnings would’ve been $100m better without aircraft issue
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