News | Business
15 Aug 2020 17:32
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Air New Zealand's net profit has slumped by 32 per cent to 101-million dollars -- and the airline says the coronavirus outbreak makes its outlook uncertain

    Air New Zealand's net profit has slumped by 32 per cent to 101-million dollars -- and the airline says the coronavirus outbreak makes its outlook uncertain


    Air New Zealand
    Air New Zealand
    It's recorded earnings before other significant items and taxation of 198-million dollars for the six-month period to December, down from 217-million.

    Air New Zealand chief financial officer Jeff McDowall is pleased with the result because the airline's faced significant challenges during that time.

    He says they include a significant downturn in cargo markets around the world, because of the trade disputes between the US and China.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     15 Aug: Auckland's Mayor is urging businesses to act with integrity after reports of price gauging
     15 Aug: Blues coach Leon MacDonald is comfortable if Super Rugby Aotearoa has to be run again in 2021
     15 Aug: Support for the Government's move to help keep businesses afloat
     15 Aug: The Blues are taking a massive financial hit with Sunday's game against the Crusaders cancelled
     14 Aug: Changes to existing Covid-19 schemes, to help businesses across the country
     14 Aug: The real estate sector will be all ears for the Covid-19 alert level announcement this afternoon
     14 Aug: There's a big jump in the number of homes being sold
     Top Stories

    RUGBY RUGBY
    The Highlanders have thumped the Hurricanes 38-21 behind closed doors in Dunedin to wrap up Super Rugby Aotearoa More...


    BUSINESS BUSINESS
    Auckland's Mayor is urging businesses to act with integrity after reports of price gauging More...



     Today's News

    Netball:
    Netball New Zealand has confirmed the ANZ netball Premiership final will proceed next weekend in Invercargill behind closed doors under level two restrictions 17:27

    Rugby:
    The Highlanders have thumped the Hurricanes 38-21 behind closed doors in Dunedin to wrap up Super Rugby Aotearoa 17:07

    Business:
    Auckland's Mayor is urging businesses to act with integrity after reports of price gauging 16:57

    Business:
    Blues coach Leon MacDonald is comfortable if Super Rugby Aotearoa has to be run again in 2021 16:17

    Motoring:
    Kiwi Supercars driver Shane van Gisbergen will hold off reducing the amount of jandal he uses 16:17

    International:
    Smithfield RSL restaurant linked to two coronavirus cases as NSW reports nine new infections 15:37

    Entertainment:
    Simon Cowell is “doing spectacularly well” following his horror fall 15:31

    Rugby League:
    Warriors enforcer Eliesa Katoa is facing a one-match NRL ban for a dangerous tackle 15:27

    Entertainment:
    The Weeknd has donated $300,000 to victims of the devastating explosion in Beirut, Lebanon 15:01

    Accident and Emergency:
    A person is in a critical condition after a crash in Hawke's Bay 14:57


     News Search






    Power Search


    © 2020 New Zealand City Ltd