Services
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Opinion
Jenny Ruth: ANALYSIS: Another new head for Xero's American dream
By Jenny Ruth Aug. 22 (BusinessDesk) - Xero has a fraught history of trying to suss out success in North America with what has sometimes had all the hallmarks of an executive revolving door. The company’s slow progress in the US has also long been a disappointment to analys...
Jetstar losing money on regional NZ services, watching market 'closely'
By Pattrick Smellie Aug. 22 (BusinessDesk) - Budget carrier Jetstar is "loss-making" on its regional services in New Zealand and "market conditions are being monitored closely," parent company Qantas told investors today. Regional flights are defined on the Jetstar NZ websi...
Infrastructure
RESEND: Auckland Airport boss upbeat about future but warns against complacency
(Resend for customers who missed delivery) By Rebecca Howard Aug. 22 (BusinessDesk) - Auckland International Airport chief executive Adrian Littlewood is upbeat about the future despite signs of softening traveller numbers, but warned against complacency. The country's...
Sky TV cans dividend, writes off $670m ahead of rights battle
By Paul McBeth Aug. 22 (BusinessDesk) - Sky Network Television won't pay a dividend for the first time since 2005 and has written down the value of the business by $670 million as it prepares to fight more aggressively for content rights under new leadership. The pay-TV op...
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