Air NZ suffers up to $320m impact from engine maintenance saga
In his final annual results briefing as CEO, Greg Foran says negotiation of compensation for unusable engines is continuing.
Air New Zealand CEO Greg Foran.
Air New Zealand estimates engine maintenance issues that have forced it to ground as many as 11 aircraft has cost it between $280 million and $320m in the 2025 financial year.
The company has also dampened expectations of a quick recovery from the fleet capacity issues, adjusting its previous
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