26 May 2020

Midday Business News for 26 May 2020

From Business News, 12:20 pm on 26 May 2020

Air New Zealand is forecasting an underlying loss as it takes account of the loss in revenue, and the need to cover hefty restructuring and redundancy costs, and fall in the value of its plane fleet.

But the Covid-19 financial pain is running deep for all travel and tourism related operators.

Andrew McRae has business.