Air new zealand Predicts that it will arrive in the next two years Only 70% of its pre-Kovid-19 pandemic size, other than this It does not expect to make long flights until after 2021.
“We are not considering Long-haul return by next year. We believe that unless there is a vaccine, effective treatment, or eradication of the disease in major markets, The New Zealand government will not fully open its borders for the development of long-distance air travel“, Said Greg Foran, CEO of the airline.
Added him The airline expects to transport 13 million people in 2022, Reduction of five million In relation to estimates made prior to a health emergency.
To reduce the economic impact generated by travel restrictions and low passenger demand in the world, Air New Zealand has deferred 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 They have already left the company.
Have a trim around the target $ 97 million of your salary bill Unpaid leave, reduced hours, job sharing and, as a last resort, through voluntary layoffs.
He said, ‘We are leaving no stone unturned. Our salary bill is still down by a third, but our income has fallen by more than two-thirds. We have to balance the scales even more“Foran said in a letter to employees.
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