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International

Air New Zealand expects $77 million pre-tax loss due to pandemic

June 19, 2020 Reprints

A report said that Air New Zealand Ltd. expects to report pre-tax loss of $120 million New Zealand ($77 million) during the financial year ending June 30 due to the COVID-19 pandemic, 1 News reported. The guidance does not include the impact of foreign currency fluctuations for June or fuel price changes for the remainder of the year.

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Air New Zealand expects $77 million pre-tax loss due to pandemic

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