Air New Zealand's passenger revenue falls

Passenger revenue in the first six months of Air New Zealand's financial year has fallen sharply, even when the impact of foreign exchange fluctuations are eliminated. In an update to the NZX, the country's national airline said for the financial year to date, short haul passenger revenue through its preferred metric had fallen 6.3 per cent, while long-haul passenger revenue had slumped 14.3 per cent. Air New Zealand's preferred metric is passenger revenue divided by the total… (www.nzherald.co.nz) Mais...