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Air New Zealand crew member tests positive for Covid-19

Air NZ staff had to isolate after potential Covid-19 exposure

Air NZ staff isolating after Covid-19 exposure

Air NZ staff had to isolate after Covid-19 exposure

Air New Zealand revenue tumbles, airline posts $72m half-year loss

The enormous financial impact of Covid-19 continues to be felt by Air New Zealand. The airline has posted a $72m loss for the six months to December. File photo Photo: RNZ / Dan Cook The airline has posted a net loss of $72 million for the six months ended December, compared with a profit of $101 million for the same period in 2019, pre-Covid. Revenue sank 59 percent to $1.2 billion with network flying down by 65 percent. Chief executive Greg Foran said he was proud of what Air New Zealand had achieved in the context of a global pandemic. While we made significant changes to our business and cost base, and did this more quickly than most airlines, since the outbreak of the pandemic we have still burnt through over $1 billion in our own cash reserves - that s just huge.

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