Air NZ trims loss guidance

Air NZ trims loss guidance

10.6.22 (9.27am) Improving demand for travel on domestic and international flights has helped Air New Zealand to trim its expected FY22 trading loss to ‘less than $750m.’ Though still a heavy blot on the books, it indicates that the airline continues on a recovery...
Omicron’s mild bite offset by downturn

Omicron’s mild bite offset by downturn

Impacts on cost of household essentials Omicron’s economic impact has been far milder than that of previous COVID outbreaks but the ASB Bank says sluggish economic growth will be an offset. In the latest ASB Economic Forecast, the trading bank forecasts growth at...