AIZ News: Air New Zealand raises annual earnings forecast on improved demand - 10th Jun 2022, 6:50am

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(Reuters) - Air New Zealand Ltd on Friday improved its forecast for fiscal 2022, benefiting from a pick-up in demand following the opening up of domestic and international borders.

New Zealand recently said it would fully reopen its international borders from end-July, and the country welcomed travelers from trans-Tasman neighbor Australia for the first time since mid-2021 in April.

The airline now expects an annual loss before tax and significant items to be less than NZ$750 million ($478.73 ...

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