Dire outlook for Norfolk Island tourism with Air New Zealand flights cut

“We were hoping for a recovery phase from October onwards and now clearly that is not going to happen, with the reduced schedule with Air New Zealand deciding unilaterally to reduce its schedule with just two flights out of Australia until 27 March.

Air NZ’s cash crunch: Shane Jones accuses airline board of delaying raising funds

By underwriting a capital raise the Government would guarantee the raising of funds by picking up any shortfall of rights that shareholders did not subscribe to, while also taking up the rights of its existing shares, potentially resulting in the Crown holding a greater stake in the airline.

Brain drain: Loss of leadership experience at Air NZ raises culture concerns for union

Like the Government, Air New Zealand went hard and early in its response to Covid-19. Just days into New Zealand’s alert level 4 lockdown in March the airline said it would be downsizing to a third of what it was pre-pandemic.

Silence from Government and Air NZ raises questions about future ownership

“It is effectively temporary, to provide the liquidity essential to Air New Zealand in its current state. With that loan in place, the airline is able to put off any market approach, thereby providing a window for any alternative restructuring plan to be developed between the company and the Government.”

Government needs to give Air New Zealand ‘timely response’, National Party says

The Government needs to give Air New Zealand a timely response on its future capital structure so the airline can get on with what it needs to do, including accessing debt or equity from international markets, the National Party says.

Dreamliner groundings could drag on for Air New Zealand as Rolls-Royce announces delay

For the past 18 months Air New Zealand, along with other global airlines, have had to undertake earlier than expected maintenance on Rolls-Royce Trent 1000 engines fitted to Dreamliner aircraft after engine blades showed signs of corroding or cracking prematurely.

100 Albums Released in 2020 to Put on Your Radar

On his fifth studio effort, Michael Bernard Fitzgerald weaves intricate narratives over twangy guitar notes and sweeping instrumentals. Intimacy is the operative mode, and that’s evident as early as the album’s lead single, “I Love That Sound.” To promote the new material during times of social distancing, Fitzgerald will perform a series of small outdoor […]

Brisbane to LA: Air New Zealand’s newest route a sign of the times

READ MORE:Boeing manufacturing issues could have implications for Air New Zealand’s Dreamliner fleetAir NZ’s cash crunch: Shane Jones accuses airline board of delaying raising fundsAir New Zealand posts full year loss of $454m, its first since 2002Coronavirus: Predicted drop in trade would be ‘akin to the Great Depression’, transport association says

Routes: JetBlue’s California moves + United, AA, Air New Zealand, Emirates, new SLC airport

It’s only been a couple of weeks since major airlines announced one after another that they would be getting rid of ticket change fees for good (or for the immediate future, at least). And already some changes are coming to those new policies. United Airlines has confirmed to The Points Guy blog that its no-change-fee […]