Air New Zealand predicts that in the next two years it will reach Only 70% of its pre-Covid-19 pandemic size, Without this It doesn’t expect to make longer flights until after 2021.
“We are not considering The return of long-haul flight without a route by next year. We believe that until there is a vaccine, effective treatment or eradication of disease in key markets, New Zealand government will not fully open its borders to support the development of long-distance air travel“, He said The airline’s CEO, Greg Foran.
added that The airline is expected to transport 13 million people in 2022handjob 5 lakh shortfall In relation to the projections made before the health emergency.
To mitigate the economic impact resulting from travel restrictions and low passenger demand in the world, Air New Zealand has suspended spending on new aircraft, hangars and parking lots, in addition to seeking savings through its supply chain contracts and aircraft leasing. Additionally, some four thousand employees He has already left the company.
the goal is to trim around $97 million of your salary bill Through unpaid leave, reduced hours, job sharing and, as a last resort, voluntary layoffs.
“We are leaving no stone unturned. Our salary bill is down by a third now, but our income has dropped by more than two-thirds. We need to balance the scales even moreForan said in a letter to employees.
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