Air New Zealand Profit Dampened By Groundings Despite Compensation

Air New Zealand Airbus A320neo.
Credit: Rob Finlayson
Air New Zealand continues to be severely affected by aircraft groundings due to engine availability issues, which are hurting the airline’s profitability. The carrier expects to have six of its 35 Airbus narrowbodies and five of its 12 Boeing 787s out of service during the six months through June 30...
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