Air New Zealand sees lower earnings for first half of 2025 as engine issues persist
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2024
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Should l Buy ?
Source: Reuters
Air New Zealand's Earnings Forecast: The airline anticipates lower earnings for the first half of financial year 2025, projecting between NZ$120 million to NZ$160 million due to persistent engine maintenance issues affecting aircraft availability.
Impact of Engine Issues: Ongoing delays in engine maintenance have rendered up to 16% of Air New Zealand's fleet inoperable, leading to concerns about future capacity and soft domestic travel demand.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
