Air NZ cuts role as part of extensive cost review

Air NZ chief executive Greg Foran says economic challenges have led to review of costs. (Image: Getty)

Thu, 13 Jun 2024

Air New Zealand says chief corporate affairs officer Mat Bolland will leave the company on July 31, as part of a wider review of costs.“The economic challenges faced by the airline have led to an extensive review of costs, requiring the company to make some difficult decisions to manage these costs,” chief executive Greg Foran said.In April, Air NZ said full-year earnings before tax for the year to June 30 will likely be between $190 million and $230m because of softer revenue conditions. That was down from February guida...

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