


| earnings Air NZ cuts capacity as coronavirus hits Air New Zealand is slashing capacity in Asia as it works to reduce the impact of the coronavirus on its earnings. |
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Air New Zealand is slashing capacity by about 17 per cent in Asia to reduce the impact of the coronavirus on its second half earnings. The airline expects the COVID-19 pain for earnings to be in the range of $NZ35 million ($A34 million) to $NZ75 million ($A72 million) due to lower demand and capacity cuts.
Posted: 2020-02-27 01:08:00
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