Aug 25, 2022 SOURCE: AFP
Air New Zealand losses soar due to sky-high fuel, labour costs
Sky-high fuel and labour costs combined with Covid travel restrictions saw Air New Zealand more than double its losses in the last financial year, the airline said Thursday.
The flag carrier saw losses increase to NZ$591 million (US$366 million), up from NZ$292 million in the 2021 financial year.
Its loss before...
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