Air NZ’s 'small but mighty' step towards green aviation

Air NZ’s 'small but mighty' step towards green aviation
A scale model of the Alia electric aircraft Air NZ has purchased from Beta Technologies. (Image: BusinessDesk)
Ben Moore
Air New Zealand is set to be the first commercial carrier to add a fully electric aircraft to its fleet after an agreement to buy one from United States startup Beta Technologies.At the launch event on Wednesday, Air NZ chief sustainability officer Kiri Hannifin called it a “small but mighty in significance” step towards decarbonisation.Chief executive Greg Foran explained that the aircraft will initially be only for cargo, with an NZ Post partnership, but will kick off the practical experimental phase for the carrier’s push t...

More Markets

NZ sharemaket up 0.1% despite 'volatile' markets
Markets Market Close

NZ sharemaket up 0.1% despite 'volatile' markets

The S&P/NZX 50 Index closed at 12,338.57, up 18.38 points or 0.15%.

NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Analysts struggle to find upside from Trump tariffs
Economy

Analysts struggle to find upside from Trump tariffs

‘They've forgotten the lessons of the Great Depression,’ one analyst said.