Air New Zealand Profit Nosedives And Boeing 787 Delays Hit Skynest Launch

At a CAPA Conference in Brisbane last year, Air New Zealand CEO Greg Foran was asked if 2023 was "as good as it gets" for the airline, and he was forthright enough to agree that it probably would, at least in the current climate. His view was borne out yesterday when the airline released its 2024 Interim results, which revealed that profit for the first half of the 2024 Financial Year had nosedived 39% compared to last year.