
Air New Zealand cuts 5% of its flights as job losses loom
Air New Zealand has cut 5% of its global flight schedule, citing a sharp jump in jet fuel costs. Chief executive Nikhil Ravishankar said some international routes would also be dropped. The carrier expects a full-year loss of nearly NZ$400 million.
RNZ Business1 h agoAIR.NZ QAN.AX 0293.HK