Greg Foran: Air NZ CEO on the airline's profits falling by $20 million
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
Air Zealand's boss is predicting another challenging year ahead.
Our national carrier has seen profits plunge.
It's partly due to weak domestic demand and ongoing engine maintenance issues.
Chief Executive Greg Foran told Mike Hosking it's also facing unavoidable price hikes for things like landing charges, wages, and engineering materials.
He says they can't go down to Bunnings or Mitre 10 to buy a replacement toilet seat for a 787, although he wishes they could.
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