Soaring share price takes Air NZ off the radar

Soaring share price takes Air NZ off the radar
Air NZ's chief executive Greg Foran has said the future recovery of the business depends on decisions it does not get to make. (Image: Getty)
Dan Brunskill
Air New Zealand is likely the NZX-listed company that has been worst affected by the covid-19 pandemic, which basically wiped out two-thirds of the airlines’ operations.But despite being reduced to a deeply indebted domestic carrier with no prospect of immediate recovery to its former self, the stock has only lost half of its valuation.It opened in the new year at $1.52, down roughly 14% from 12 months ago and almost exactly 50% of where it was at the start of 2020.This is well ahead of the price most equity research analysts are telling...

More Markets

Bulls, bears and analysis …
Opinion

Simon Robertson: Bulls, bears and analysis …

Why price-to-earnings ratios don’t cut it.

Simon Robertson 15 Nov 2025
NZ stocks take Wall Street lead to end down 1%
Markets Market Close

NZ stocks take Wall Street lead to end down 1%

The S&P/NZX 50 Index closed down 133.41 points or 0.98% at 13,464.46.

Jamie Gray 14 Nov 2025
Zoono says it knows no reason for share price surge, halt lifted
Markets

Zoono says it knows no reason for share price surge, halt lifted

A trading halt granted by the ASX to Australian-listed New Zealand antimicrobials manufacturer Zoono on Wednesday after a price query has been lifted after the company said it knew of no reason for its share price soaring.Its share price rose from 0.09c to 0.18c on volumes much h...

Denise McNabb 14 Nov 2025