Air NZ 'in retreat' in North America

Air NZ 'in retreat' in North America
Air NZ says in 2019 12,000 visitors came to NZ from Illinois alone and expected that number to grow. (Image: Getty)
Rebecca Stevenson
An airline analyst says Air New Zealand is in retreat, facing stiff competition from United States carriers as it pauses its faltering Chicago route. The NZ stock exchange-listed (NZX) airline is pausing Chicago flights from March 31 until Oct 27 because of a lack of available serviceable Rolls-Royce Trent 1000 engines for its Boeing 787s. The airline is also halting its Seoul flights from April 1 and its flights to Hobart; those routes are a casualty of another engine issue with maintenance required on Pratt & Whitney engine...

More Markets

NZ sharemarket rises as Infratil, Spark drive gains
Markets Market close

NZ sharemarket rises as Infratil, Spark drive gains

New Zealand shares ended firmer after Infratil and Spark posted gains.

Jamie Gray 27 Jun 2025
Rua Gold secures funding to step up hunt for NZ gold
Markets

Rua Gold secures funding to step up hunt for NZ gold

The funds will be used to carry out exploration over the next 12 to 18 months.

John Anthony 27 Jun 2025
Former CBL CFO must pay $1.2m for disclosure breaches
Markets

Former CBL CFO must pay $1.2m for disclosure breaches

The case was a first for New Zealand courts, FMA says.

John Anthony 27 Jun 2025
Investore buys New Lynn Bunnings site for $43 million
Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Staff reporters 27 Jun 2025