NewsBite

Air New Zealand Limited

ASX Announcements

Air New Zealand updates on director resignation

Director Appointment/Resignation

  • Jul 26, 2024
  • 1 page

Annual Meeting and Nomination of Directors

Notice of Meeting - Other

  • Jul 12, 2024
  • 1 page

Air New Zealand Investor Update (Op Stats) May 2024

Periodic Reports - Other

  • Jun 27, 2024
  • 8 pages

AirNZ announces departure of Chief Corporate Affairs Officer

Company Administration - Other

  • Jun 13, 2024
  • 1 page

View all AIZ announcements

Yesterday

GrainCorp chief executive Robert Spurway is targeting a major expansion in oilseed crushing.

Air NZ becomes first major airline to dump emissions targets

The Albanese government is under pressure on aviation fuel mandates after Air New Zealand abandoned its 2030 target.

  • Brad Thompson and Ayesha de Kretser

June

Fiji Airways soars above Qantas and Air New Zealand to win best airline in the Pacific.

Qantas plummets in world airline rankings, again

Fiji Airways beat Qantas and Air New Zealand in the global poll in which the Australian carrier recorded its worst performance for a decade.

  • Ayesha de Kretser

April

Air New Zealand chief executive Greg Foran.

Air New Zealand downgrades earnings, again

The Kiwi carrier is battling headwinds, including weak domestic demand, increased international competition, higher costs and plane delays.

  • Updated
  • Ayesha de Kretser

March

Air New Zealand can’t service its Dreamliner engines quickly enough to maintain scheduled services.

Air NZ scraps Chicago service after more engine troubles

The US carriers are targeting Australian and New Zealand travellers, pushing down yields for Qantas and Air NZ.

  • Updated
  • Ayesha de Kretser

February

Air NZ CEO Greg Foran is facing cost inflation, weak demand and big competition from US carriers.

Air New Zealand warns of profit slide ahead of Qantas results

The carrier will break even or turn only a small profit in the second half of the financial year as competition returns and corporate bookings soften.

  • Ayesha de Kretser
Advertisement
Is economy class ever going to be a delight? Unlikely. But a bit of homework can go a long way.

The airlines making economy class bearable

It’s never going to feel as good as turning left. But finally, many airlines are putting more thought and care into improving the economy experience.

  • Ciara Seccombe

January

Why Australia’s airports and airlines hate each other

“Everyone knows that monopolies are not good for consumers” says airlines group boss Graeme Samuels. “Spare me!” says former airports reformer Peter Harris.

  • Updated
  • Jacob Greber

December 2023

Airfares to Europe aren’t falling anywhere near as quickly as they are into the United States.

Airfares are falling fast, but not to every city

Travellers looking for a reprieve on prices for their European summer soirée will have to keep waiting, or redirect their trip to New York.

  • Ayesha de Kretser

GDP misses forecasts; Dan Andrews slammed; Perpetual taps heavyweights

Read everything that’s happened in the news so far today.

Air New Zealand’s first electric plane will start testing in 2026.

This tiny plane could be the future of air travel

Air New Zealand has purchased its first electric plane – used to carry cargo, for now – and has the right to purchase almost two dozen more.

  • Ayesha de Kretser

November 2023

Endeavour shareholder and former Woolworths chief Roger Corbett called on chairman Peter Hearl to resign.

Endeavour spat: Major shareholders move against chairman Peter Hearl

Street Talk understands Aussie equities power duo AustralianSuper’s Shaun Manuell and Perpetual’s Vince Pezzullo are teaming up again.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Greg Foran last year, as chief executive of Air New Zealand.

How ‘the world’s greatest retailer’ was passed over for CEO

Greg Foran went from Woolworths to a senior job at Walmart, where he was caught in a power struggle between its traditional and digital arms.

  • Jason Del Rey

October 2023

Prime Minister-elect Christopher Luxon greets deputy leader Nicola Willis (right) in Auckland.

NZ Labour’s rout a warning for Australia

Labour haemorrhaged votes to the left and right. It was punished by voters who believed it had spent years in government focusing on side issues.

  • Tom Rabe
Prime minister-elect Christopher Luxon in Auckland on Sunday.

Luxon vows back-to-basics government as he begins coalition talks

The PM-elect vowed to deliver on his promise of tax cuts for working New Zealanders, but will need to compromise with coalition partners on other policies.

  • Tom Rabe
Christopher Luxon:

‘New Zealanders have chosen change.’ Luxon is new Prime Minister

With almost 95 per cent of votes counted on Saturday night, the centre-right National Party was poised to form a coalition government after winning close to 40 per cent of the primary party vote.

  • Updated
  • Tom Rabe
Advertisement

Why NZ’s likely new PM channels Mark McGowan

The man widely tipped to become New Zealand’s next prime minister says he’s looked to Australia to develop many of his signature policies.

  • Tom Rabe
Chris Hipkins is still hoping to pull off a 1993-style “Keating-esque” surprise victory.

Hipkins hopes for ‘Keating-style’ win at NZ election

Seven years after Jacinda Ardern and her progressive brand swept to power in New Zealand, frustration over the cost of living could boot Labour from office.

  • Tom Rabe
FJoyce has been severely criticised for “trashing the brand”. I’m not going to argue that corner, except to respond to one particular aspect of concerns - cost-cutting, and staff reductions.

Joyce’s Qantas never had the luxury of going bankrupt

When judging the performance of the former CEO, some very important factors are being buried in the current firestorm.

  • Peter Harbison

June 2023

Alan Joyce checks in for QF3 at Auckland Airport

Qantas launches Auckland to New York direct

Alan Joyce says passengers will choose long flights over lost baggage as Qantas launches Auckland-New York direct service.

  • Ayesha de Kretser
Air New Zealand aircraft sit on the tarmac at the International Terminal of Auckland Airport in Auckland.

Air New Zealand says cheaper fuel, more demand boosting bottom line

But the airline, and Australian rival Qantas, have warned Auckland Airport is increasing fees by much as it pays for a massive upgrade of its terminals.

  • Ayesha de Kretser

Original URL: https://www.afr.com/company/aiz-1y