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Oct 12 (Reuters) - Air New Zealand on Thursday flagged lower first-half earnings for fiscal 2024 on the back of a recent softness in domestic travel demand, coupled with volatility in jet fuel prices.
New Zealand's flag carrier expects earnings before tax for the first half of 2024 financial year to be between NZ$180 million ($108.36 million) and NZ$230 million. The company had reported NZ$299 million for the same period a year earlier.
"Jet fu...
>>> Read more: UPDATE 1-Air New Zealand eyes lower earnings for first half after 'unique' 2023
Oct 12 (Reuters) - Air New Zealand on Thursday flagged lower first-half earnings for fiscal 2024 on the back of a recent softness in domestic travel demand, coupled with volatility in jet fuel prices.
New Zealand's flag carrier expects earnings before tax for the first half of 2024 financial year to be between NZ$180 million ($108.36 million) and NZ$230 million. The company had reported NZ$299 million for the same period a year earlier.
"Jet fu...
>>> Read more: UPDATE 1-Air New Zealand eyes lower earnings for first half after 'unique' 2023
