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Air New Zealand profit forecast to tumble for the past six months as competition heats up

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Air New Zealand's profit is forecast to tumble when it announces its result for the last six months. Forsyth Barr says the airline is in a downturn and it expects a "downwards consensus reset is necessary" given higher oil prices and sustained yield pressure over recent months. The airline wil announce its profit for the six months to December 31 tomorrow morning. (www.nzherald.co.nz) और अधिक...

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aussieybbnspotters
aussieybbnspotters 2
This is not just the oil prices effecting the carrier but a influx of Asian budget carriers flooding the competition in New Zealand
sueridge307
sueridge307 1
I beleive that but air new zealand will have to do a lot more in reducing air fares there a bit to high in some destinations

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