
Air NZ's 'bloody big corporate jet' for just four passengers
Cargo is king as the number of passengers shrinks around the world.
Cargo is king as the number of passengers shrinks around the world.
The company has also let go 90 independent contractors.
New schedule sees a whopping 95 per cent drop in international flights for the airline.
Virgin Australia employs about 200 pilots and 260 cabin crew here.
As airlines stop flying here ways of getting home are becoming more limited.
Even in its weakened state aviation is transporting doctors, nurses and medicine.
The announcement from Air NZ comes after the airline secured a $900m bailout from Govt.
The airline industry would look much different when the coronavirus virus passed.
Is the bailout enough to ensure Air New Zealand survives?
Airlines are balancing hunkering down with readiness for some sort of normal.
Announcement a welcome first step.
The move has been triggered by the public health response to the coronavirus crisis.
New boss says airline will prevail but will look much different.
Rob Fyfe says the airline must survive, takes a swipe over border rules.
This is the first of a range of measures to cut staff costs by 30 per cent.
The Govt will unveil a $600m package as the funding future of Air NZ is worked on.
Air NZ has slashed capacity and is poised for even deeper cuts in its domestic routes.
Air New Zealand has activated crisis centres at head office and at Auckland Airport.
Moves to safeguard connections to the world have been welcomed.
Finance Minister Grant said the airline was subject to ongoing discussions.
Rocket Lab has so far delivered 48 satellites to orbit on the Electron launch vehicle.
Airlines have been rocked by the cancellations around the world.
Australian carrier says it may use passenger planes for freight operations.
Slumping demand and travel restrictions mean services are pared back or suspended.
The interim dividend of 11c has also been cancelled.
Expert makes the dramatic prediction as countries lock down their borders.
Up to 30 per cent of Air NZ staff face losing their jobs as travel dries up
An analyst says the Government is likely to be called in to help prop up the airline.
The airline is working with the Government and unions as the crisis deepens.