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

Softer market ignores Budget
Markets Market Close

Softer market ignores Budget

Post-Budget, all eyes are on the Reserve Bank's OCR announcement next Wednesday.

Jamie Gray 23 May 2025
Restaurant Brands ‘does not seem to care’: Shareholder
Retail

Restaurant Brands ‘does not seem to care’: Shareholder

At the fiery annual meeting, a shareholder called the Californian market a ‘sinkhole’.

Gregor Thompson 23 May 2025
Channel increases dividend, mulls ASX listing
Infrastructure

Channel increases dividend, mulls ASX listing

Dividend up from 11c to between 12c and 12.5c. 

Ian Llewellyn 23 May 2025
Which small cap is off to Aussie? Plus results, and more
Markets The Small Cap Wrap

Which small cap is off to Aussie? Plus results, and more

PaySauce, Blis, Aroa, Foley Wines, John McMahon, and more.