Air NZ downgrades profit as tourism activity slows
The airline's share price has plummeted on the profit warning.
Graham Skellern
Wed, 30 Jan 2019
Air New Zealand’s surprise profit downgrade may be a sign that the booming tourism sector is coming off the boil, two industry analysts say.
The analysts say Air NZ has the luxury of seeing forward bookings and that tourism activity around the country is slowing.
“It may be telling us
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Graham Skellern
Wed, 30 Jan 2019
Contact the Writer: graham@nbr.co.nz
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Air NZ downgrades profit as tourism activity slows
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