Air New Zealand Limited (AIR.NZ)
- Reuters
Air New Zealand falls after earnings outlook cut on stiff competition
Air New Zealand trimmed its annual earnings estimates on Monday, citing economic headwinds and a cost-of-living crisis leading to softer revenue in domestic and North American markets, sending the carrier's shares to a near two-year low. Shares of Air NZ slipped as much 3.5% to NZ$0.550, hitting their lowest level since July 1, 2022. New Zealand's flagship carrier now expects earnings before taxation between NZ$190 million ($112.01 million) and NZ$230 million for 2024, down from previous estimate of NZ$200 million to NZ$240 million.
- Simply Wall St.
Air New Zealand Limited's (NZSE:AIR) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Air New Zealand (NZSE:AIR) has had a rough three months with its share price down 6.2%. However, stock prices are...
- Simply Wall St.
Why Air New Zealand Limited (NZSE:AIR) Could Be Worth Watching
Air New Zealand Limited ( NZSE:AIR ), might not be a large cap stock, but it saw significant share price movement...
