BRIAN GAYNOR: Air NZ's brutal outlook

Wed, 01 Apr 2020

The pessimistic forecast by Air New Zealand chief executive Greg Foran on Monday has at least two positive features.It clearly demonstrated that we are shutting our borders, which should reduce the number of inbound travellers with coronavirus.It also confirmed that our listed companies are adopting a transparent and realistic approach to the current situation, particularly compared to the post-1987 sharemarket crash environment. Many companies continued to make positive comments after the ’87 crash, often to allow their directors and managemen...

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