Air New Zealand predicts lower first-half profits due to aircraft shortages, expecting issues until 2026.

Air New Zealand forecasts its first-half pre-tax profit to be between $120 million and $160 million, a drop from last year's $185 million, due to aircraft availability issues. The airline expects these issues to continue until early 2026. Despite improvements in corporate travel demand, government travel remains low. Air New Zealand has introduced new customer initiatives like live chat to reduce wait times.

November 24, 2024
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