• Greg Foran: Air New Zealand CEO on the out of action aircrafts and drop in profit

  • Feb 20 2025
  • Length: 9 mins
  • Podcast

Greg Foran: Air New Zealand CEO on the out of action aircrafts and drop in profit

  • Summary

  • Air New Zealand expects to be short of planes for at least another two or three years.

    Our national carrier's recording an 18% drop in half-year profit.

    That follows a 65% in full-year profit last year.

    Chief Executive Greg Foran told Mike Hosking they're going into a period when up to 11 aircrafts will be out of action.

    He says it's a bit like playing a rugby match without the front row.

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