Air NZ earnings past peak, analyst says
$30m of cost cuts identified at airline, with more on the way.
Morningstar analyst Daniel Ragonese views the outlook for Air New Zealand over the next one to two years positively but due to its sensitivity to oil prices thinks earnings peaked in 2016.
“The airline industry is cyclical and in general airlines have historically operated on slim margins,
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Calida Stuart-Menteath
Wed, 28 Nov 2018
Wed, 28 Nov 2018
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Air NZ earnings past peak, analyst says
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