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Air New Zealand Reports US$454m Annual Loss


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MIAMI – Air New Zealand (NZ) has recorded an after-tax loss of US$454m for the 2020 financial year. This is the airline’s first annual loss in 18 years, according to NZ Chairman Dame Therese Walsh. In the same period in 2019, the airline reported US$276m in profits. In 2020, the pandemic and subsequent travel restrictions […]

The post Air New Zealand Reports US$454m Annual Loss appeared first on Airways Magazine.

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