Air New Zealand launches a “strategy reset” as it forecasts a steeper-than-expected loss and targets a return to profitability
Air New Zealand says it is moving into a new phase after a period of “significant operational and financial pressure,” launching a “strategy reset” to close out its current challenges. The company is forecasting a steeper-than-expected loss for the year ended 30 June, with an intent to return to profitability.
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