Air New Zealand's profit plunge shows it would be the "worst time'' for the Government to sell shares in the company, Labour says.
Air New Zealand
Clarification of the role departing Air New Zealand chief executive Rob Fyfe will play for the rest of the year will be welcome when the national carrier reports its interim results later this week, brokers say.
Air New Zealand plans to add extra flights between Auckland and Los Angeles after Qantas announced today it has been forced to close the same route as a cost-cutting measure.
Air New Zealand's chief executive Rob Fyfe is to resign at the end of this year to "explore new opportunities,'' the company said.
Air New Zealand boss Rob Fyfe is backing the airline's struggling service to London but warning of seasonal cuts to the schedule.
A global airline industry magazine has named Air New Zealand the world's top airline for the second time in three years.
Wanaka's business and tourism leaders will continue to push for increased flights to Wanaka Airport despite Air New Zealand subsidiary Eagle Air cancelling extra scheduled flights into the resort.
An Air New Zealand worker sacked for saying he would go on a shooting spree at work has failed to get his job back.
Queenstown is set to benefit from a major upgrade Air New Zealand is making to its regional fleet.
Air New Zealand remained in a healthy financial position and was expecting an improved profit for the 2012 financial year, chairman John Palmer said yesterday.
Natural disasters gave national carrier Air New Zealand its most challenging financial year in a decade - it has posted a full-year after-tax profit of $81 million, 1% down on last year.
Air New Zealand's full year normalised earnings before tax fell 45 percent to $75 million, as the airline took hits from earthquakes in Christchurch and Japan, and from high fuel prices.
New Zealand companies have been ranked in a corporate reputation survey, with Air New Zealand flying highest.
Air New Zealand boss Rob Fyfe says "malicious rumours" are being spread from Australia that his airline has grounded ash-damaged aircraft and was dangerously continuing to fly around ash drifting from Chile's erupting volcano.
Air New Zealand has come in seventh place in the Skytrax World Airline Awards, two places down on last year's fifth placing.
Air New Zealand says it will resume flights in the lower South Island this afternoon following a new forecast on the Chilean volcanic ash that has disrupted the travel plans of thousands.
Air New Zealand is being taken to court by pilots to make the company pay for their breakfasts while they are working.
Engineers have found no evidence of a bird strike or engine damage after an Air New Zealand Boeing 767 caused a full scale emergency when it landed on one engine in Auckland yesterday.
Thousands of international air passengers stranded in New Zealand by ash from a Chilean volcano are hoping for some good news today as airlines reassess their decision to cancel flights.
Air New Zealand chief executive Rob Fyfe said the airline "won't make money" in the six months to June 30, but flights will be full during the Rugby World Cup.