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Air New Zealand Signals Positive Earnings Recovery

Nov 25, 2024

Air New Zealand Limited (ASX: AIZ) saw its shares climb 1.6% after forecasting a return to positive earnings in the first half of FY25. This comes as a recovery from a challenging end to 2024, marked by delays in aircraft and engine deliveries and subdued domestic corporate travel demand. The airline’s improved outlook reflects its efforts to navigate operational challenges and capitalize on growing travel demand. Investors are optimistic about the company’s ability to rebound as market conditions stabilize.

 

 

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