Air New Zealand (AIZ) Earnings Forecast Amidst Engine Challenges

Sunday, 24 November 2024, 20:06

AIZ forecasts strong pre-tax earnings as Air New Zealand navigates through engine issues. The airline expects pre-tax earnings between NZ$120m and NZ$160m for FY25's first half, significantly up from the NZ$37m reported previously. This growth demonstrates resilience in the face of operational challenges.
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Air New Zealand (AIZ) Earnings Forecast Amidst Engine Challenges

Air New Zealand's Earnings Outlook

Air New Zealand (ASX:AIZ) is optimistic about its financial future, despite facing some engine challenges. The airline has projected pre-tax earnings for the first half of FY25 ranging from NZ$120 million to NZ$160 million, a significant increase compared to the NZ$37 million earned in the second half of the previous year.

Factors Contributing to the Earnings Forecast

  • Operational adjustments to mitigate engine issues
  • Increased passenger demand and ticket sales
  • Cost management strategies

The outlook underscores how Air New Zealand remains resilient and adaptable in response to obstacles.


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