Air New Zealand in share trading halt
Nine To Noon
English - March 15, 2020 20:09 - 10 minutes - 9.57 MB - ★★★★★ - 8 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Air New Zealand has placed itself into a share-trading halt today to allow it to thoroughly assess the operational and financial impacts of global travel restrictions. It says it is further reducing capacity across its network as Covid-19 affects travel demand. It also says the airline will be a smaller airline requiring fewer resources, including fewer people. Air New Zealand is to reduce long-haul flights by 85 percent over the coming months. Andy Bowley, an aviation analyst at Forsyth Barr