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Air New Zealand reviews Japan flights as decline in yen makes travel more expensive
By Tina Morrison May 14 (BusinessDesk) - Air New Zealand, the national carrier, is reviewing its flights from Japan after a decline in the yen made flights here more expensive, crimping demand. "Significant depreciation of yen necessitated review of Japan capacity," the airlin...
Ex-Foodstuffs boss Carter to head up Air NZ board
By Paul McBeth May 14 (BusinessDesk) - Former Foodstuffs boss Tony Carter will take up the chair at Air New Zealand’s board when existing chairman John Palmer steps down after September’s annual meeting. The announcement comes amid growing anticipation of the government’s pla...
NZ retail sales growth slows in first-quarter as warm weather keeps lid on clothing purchases
By Paul McBeth May 14 (BusinessDesk) - New Zealand retail sales slowed their pace of growth in the first three months of the year as the long, hot summer sapped consumers’ appetite to buy more clothing. The total volume of retail sales rose 0.5 percent, seasonally adjusted, to...
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