Air NZ's long, hard $100M flightpath to China

Air NZ's long, hard $100M flightpath to China
Nikki Mandow
By Nikki Mandow May 6 (BusinessDesk) - Air New Zealand has lost $100 million in the 13 years it has been flying to China, chief executive Christopher Luxon says. The cumulative loss in that time is largely because it is competing in the Chinese market with government-affiliated airlines, in a regulatory environment stacked against New Zealand, he says. “China sees aviation as tools of the state," Luxon told delegates at the 2019 China Business Summit in Auckland today. "We compete with large-scale state-backed businesses that can make...

More Services

PEP seeking payday from UP Education
Finance

PEP seeking payday from UP Education

UP Education is a NZ success story in Australia.

Pattrick Smellie 23 Apr 2025
Auckland accountancy snapped up by Hong Kong firm Acclime
Services

Auckland accountancy snapped up by Hong Kong firm Acclime

It is the second Auckland firm Acclime has acquired in as many years.

John Anthony 11 Apr 2025
Engineering firms lose 1200 people in a year
Services

Engineering firms lose 1200 people in a year

But despite the job numbers, most firms were optimistic about the sector’s prospects.

Staff reporters 09 Apr 2025
Former school lunch provider in liquidation
Law & Regulation

Former school lunch provider in liquidation

Secret Chef stopped trading in December last year.

Michael Neilson 18 Mar 2025