
Oil spike trims forecast profit of airline sector
Forecast airline profits around the world have been revised down as a result of the oil price spike stemming from the Syrian crisis.
Forecast airline profits around the world have been revised down as a result of the oil price spike stemming from the Syrian crisis.
Air New Zealand could have scope to drop fares on long-haul routes to fend off competition when its fuel-efficient Boeing 787 Dreamliners come into service.
A test pilot who flew the Boeing 787-9 Dreamliner on its maiden flight today said it went according to plan.
Good timing - and a crucial Kiwi connection - brought Team New Zealand and airline Emirates together.
Virgin Australia has launched wireless inflight entertainment on its transtasman flights for smartphones, laptops or tablets.
The Government is still working through the best way to sell down its stake in Air New Zealand but says it will be a faster sales process than the power companies.
Airwork NZ is expanding into Europe, buying 14 rescue helicopters used by a German motoring organisation.
Air New Zealand has received approval to lift its stake in airline Virgin Australia to nearly 26 per cent.
Emirates has increased fuel consumption across its fast-growing fleet by almost 16 per cent over the past year, but says its efficiency per passenger is improving and is now markedly better than the industry average.
Air NZ has announced a major shake-up of its regional services, including an end to all Wairarapa services, fewer flights from Wanganui and a boost to its Rotorua services.
Australian competition regulators are imposing strict conditions on the extension of Air New Zealand's transtasman alliance with Virgin Australia.
A former Air New Zealand flight attendant who was forced to hand over her bank records and Facebook page for an employment investigation has won her case.
Jetstar is launching a direct Auckland-to-Adelaide service from the middle of December, taking on Air New Zealand with special launch fares of $99 one-way.
New Zealand shares rose as Air New Zealand and A2 Corp posted earnings growth, and Fonterra Shareholders' Fund gained a day after the dairy group's whey protein tested free of a bacterium that could cause botulism.
Air New Zealand says it is confident of coping with higher fuel prices if tension over a possible attack on Syria forces oil prices even higher.
New Zealand airlines say they won't offer passengers the option to book seats away from noisy children after a move by a Singapore airline.
Boeing has rolled out the first of its 787-9 planes destined for launch customer Air New Zealand.
Air New Zealand says it will delay the axing of 180 wide-body maintenance jobs if it can get an industrial agreement with a union covering some of the engineers.
A union leader says the announcement up to 180 heavy maintenance jobs at Air New Zealand will be axed is a "sad, sad day for aircraft engineering".
Air New Zealand will axe 180 engineering jobs when it closes a maintenance facility in Auckland, according to the Engineering, Printing and Manufacturing Union.
Adrian Littlewood Auckland Airport says it has made a flying start to the new financial year after profit leaped 25 per cent to $177.9 million in the past 12 months.
Profits have soared 25 per cent at Auckland Airport, boosted by more passengers, more planes and an increase in the value of its property portfolio.