Covid 19 coronavirus: Air NZ forecasts losses up to $530m with transtasman bubble impact - News Summed Up

Covid 19 coronavirus: Air NZ forecasts losses up to $530m with transtasman bubble impact


The suspension of the transtasman bubble has hit Air New Zealand. Photo / Brett PhibbsThe suspension of the transtasman bubble has hit Air New Zealand. Photo / Brett PhibbsAir New Zealand has revised its earnings forecast to reflect the impact of the suspension of the transtasman travel bubble. The outbreak of Delta variant of Covid-19 in Australia has led to a full suspension of the transtasman travel bubble for eight weeks from late July. The total available amount under the loan facility is $1.5 billion.


Source: New Zealand Herald August 03, 2021 21:33 UTC



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