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28 Mar 2024 21:07
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  •   Home > News > Business

    Air New Zealand is warning its staff it's about to embark on a process to shed 3500 jobs

    Air New Zealand is warning its staff it's about to embark on a process to shed 3500 jobs


    Air New Zealand
    Air New Zealand
    The airline says its revenue will fall from its current $5.8 billion a year to $500 million a year, and it cannot sustain such losses without major cost cutting,

    He says the airline can only get back to anything approaching its current level if Kiwis embrace domestic travel after the Level 4 alert is lifted.

    The airline says it will be much smaller when the crisis is over and it may take many years to get back to its current size.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    Kris Jenner won't spend quality one-on-one time with her grandchildren because it would cost her too much time and money 20:53

    Law and Order:
    A person has died following an incident at a restaurant in Auckland's Browns Bay 20:27

    Entertainment:
    Halle Berry's perimenopause symptoms were mistaken for herpes 20:23

    Entertainment:
    Keke Palmer wants 10 kids 19:53

    Entertainment:
    Taylor Swift's father won't face legal action after allegedly punching a paparazzo 19:23

    Entertainment:
    Joey King's relationship "hasn't changed much" since she got married 18:53

    Politics:
    The Secondary Principals Association believes the community should get behind schools and students to help reduce bad behaviour 18:37

    Entertainment:
    Sydney Sweeney can function on "very, very little" sleep and has never tried coffee 18:23

    International:
    Recovered data recorder from crashed ship in Baltimore reveals pilot called for tugboat help minutes before plowing into bridge 18:17

    Christchurch:
    One person is dead after an incident involving a vehicle in Christchurch's Westmorland, on Happy Home Road 18:07


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