Air New Zealand Earnings Plummet 60% As Grounded A320/787s Cut $100 Million

After one or maybe two bumper years, airlines worldwide are bracing themselves for a change in fortunes as they report their 2024 financials. Today, carriers on either side of the Tasman Sea faced the media to deliver their 2023/24 Financial Year reports, and they both gave a vastly different presentation compared to a year ago.