Air New Zealand (Air NZ) has updated their outlook for FY2022, expecting a loss before other significant items and taxation of less than $750 million.

The airline has seen strong passenger booking activity on short haul and international services following the opening of the New Zealand border.

Domestic demand has also improved in recent weeks, however disruptions caused by the impact of covid variants, continued travel restrictions in some markets and the ongoing conflict in Ukraine contribute to ongoing uncertainty.

See more