DEAN KOZANIC / STUFF
Rolllin-Royce Air New Zealand & Dreamliner 787 engines have difficulties with their & # 39; care of the air profit.
Archaeological cutting trees may help Air New Zealand help; get out of a hole after the company is Advance of $ 100 million.
On Wednesday, the $ 1 flight was withdrawn from home service, with the first 500 a & # 39; sold out in half an hour, and air co-advisor Irene King says that much more could be "attracting an aggressive price" to attract passengers as the airline goes. with shorter travel markets.
Air New Zealand's chief executive, Christopher Luxon, said firm decisions were ahead and a review of the network, fleet and future cost center had been reviewed, with additional indications made when The company's interim output was published on 28 February.
He was to send & # 39; blamed domestic and international trips and ongoing problems with the Boeing 787 Dreamliner Rolls Royce engines for the profit reform that the company produced 11 per cent. price, which drops 36 cents to $ 2.91.
* Air New Zealand states that there are cheaper fares and domestic services after a profit is almost registered
* NZ air tickets at home to increase by 5 per cent due to operating cost & # 39;
* A long stop at the NZ Air will be protected by Dreamliner's safety concerns
* NZ air convener in airplane leasing among engine problems
In a statement on the New Zealand stock exchange exchange, the company said that there was now a expectation of salaries before a $ 340m tax to $ 400m for the year ended on June 30, including the impact of the Rolls-Royce engine questions that affect Dreamliners.
That's down from the previous republic of $ 425m to $ 525m, which was a? closing a approximate impact of $ 30m to $ 40m due to timetable changes to tools.
The profit statement is true after Air New Zealand has the highest annual yield for its prepayment fee in August.
Luxon said that the Rolls-Royce engine cases were still challenging, both commercially and actively, but were expected to continue as the year went on and the board expected it to be a & # 39; an interim division of 11 cents.
In a message to the staff he said that, while the news was disappointing, new destinations were more likely to be more prevalent in some of the markets, already.
"We are confident that we continue to grow, not just at the same level as we have over the last few years."
The King said the recent $ 1 food offer could be an indication of what's coming.
"You can not leave your fleet, you need to plan for that.
"You will see all types of price solutions and that will mean lower targets."
The King said that his company would looking three or six months ahead and, as well as reducing fares, maybe it would be for non-access routes; co-ordinate expectations.
"They have real problems … they have expanded the capacity to new points in the US; that is a loyal in a competitive market to get in, and I do not. think New Zealand is a hot destination again. "
Aotearoa tourism business chief executive Chris Roberts, who had not previously been the previous international festival, enjoyed in the previous five years.
"For Australia there is more air capacity on that route and does not mean that there is a significant increase in passenger numbers."
Slower economic growth in China could see the number of visitors over the New Year of China decreased by 10 per cent on almost 69,000 introduced in 2018.
"We do not know much later that it is a special case in New Zealand or just a slimmer in Chinese travel."
Although traveling from North America was very strong, but Brexit, Roberts said that the UK market would have an impact.