Air New Zealand has reported that net profit fell 31 per cent to NZ$270 million in the 2019 financial year. The carrier’s earnings before taxation for period was $374 million, compared to $540 million in the prior period. Operating revenue grew by 5.3 per cent to $5.8 billion, which was off...

Air New Zealand has appointed chief financial officer (CFO) Jeff McDowall as acting chief executive officer (CEO) from 26 September, when current CEO Christopher Luxon leaves the position for pastures new. Luxon resigned in June after seven years at the helm and the carrier said McDowall will ta...

Air New Zealand chief executive officer (CEO) Christopher Luxon has resigned and will step down from day to day leadership of the airline on 25 September. He has been head of the national carrier of New Zealand for the last seven years and has not revealed any plans where he is moving to next. ...

Air New Zealand has reported earnings before taxation of NZ$211 million for the six month period ending 31 December 2018 - compared to $323 million in the prior period and a net profit after taxation of $152 million - down 34 per cent on 2017. Shareholders of Air New Zealand will receive a fu...