Air New Zealand has swung back into profitability after one of its most unique years, reporting a $412 million net profit for the financial year 2023 that ended in June. The carrier describes the year as “particularly unique” dominated by…
Air New Zealand delivered its first profit since the start of the pandemic, reporting a $299 million pre-tax profit for the first six months of FY23. The airline says that its recovery is “well underway”, which bodes well for HY2.…
Air New Zealand has expanded its search for the best sustainable aircraft for its regional operations by announcing new long-term partnership agreements with ATR, Embraer, Heart Aerospace, and Universal Hydrogen. While keeping all options open, the partnerships should provide ANZ…
Air New Zealand announced four manufacturers of new technology aircraft that it will be working with as a part of its “Mission Next Gen Programme.“ The goal of that program is to test a new technology demonstrator flight in 2026…
Air New Zealand has upped its first half-year guidance, expecting higher earnings thanks to the continued strong demand on both its domestic and international network. A helping factor is a decline in fuel prices, the airline said in a trading…
After the fiscal year 2022 with “ongoing twists and turns”, Air New Zealand expects to produce “a significant improvement” of its financial performance in FY23. But this will depend in large part on the impact of jet fuel prices, the…