AIZ News: Air New Zealand to centralise Auckland ops, eyes 20% cost-cut over 15 years - 27th Apr 2022, 11:04am

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(Reuters) - Air New Zealand Ltd will centralise operations in Auckland and move its workforce in the city to a refurbished airport campus, the airline said on Wednesday, adding that the decision will help it cut costs by a fifth over 15 years.

The move, expected to occur in 2024, comes as New Zealand's flag carrier looks to reduce property costs while aiming for an uptick in business after two years of hard-line international border restrictions at home.

"We have more space than we need in the...

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