Analysts lift NZ King Salmon outlook
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Air New Zealand expects to report a lower full year loss, following a surge in passenger bookings.
The result is "largely irrelevant" given a lack of clarity about the airport's longer term outlook, analysts say.
Air travel may never return to pre-pandemic numbers growth.
Susan Edmunds15:14, May 03 2021 Brook Sabin/Stuff Cheers and applause as Air New Zealand's first bubble flight from Australia lands. A trans-Tasman bubble will provide a welcome boost to Air New Zealand, but to date it has been “far from a bonanza” for the airline, analysts say. Forsyth Barr analysts Andy Bowley and Scott Anderson have put out a research note on Air New Zealand, which has seen its share price drop from $3.25 in 2019 to $1.72. The price has rebounded from a low of 90c last year. They said that, as the bubble provided the airline’s first commercial international passeng...