Some travel disruption but no earnings impact from Rolls Royce engine checks, says Air NZ

Mon, 16 Apr 2018

By Paul McBeth April 16 (BusinessDesk) - Air New Zealand expects early engine maintenance checks will prompt some changes to its international flight schedule, but doesn't anticipate a hit to earnings and affirmed annual guidance. The shares fell 2.2 percent to $3.305 today after saying the early maintenance checks on the Trent 1000 engine powering its Boeing 787-9 Dreamliner fleet would have some impact on the international schedule. Last month engine maker Rolls Royce and regulator the European Aviation Safety Agency directed operators...

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