Air New Zealand had some bad news recently! Their profits went down because many of their airplanes are broken. This is happening because of problems with their airplane engines.
- Some of Air New Zealand's planes can't fly because of engine problems.
- This will make it hard for them to make money in the second half of 2025.
- They made less money this year than last year, but still did better than some people expected.
Problem | Number |
---|---|
Planes out of service | Up to 11 |
Profit decrease | 18% |
Profit (NZD) | 106 million |
Even though things are tough, Air New Zealand is still buying back some of its own shares, which shows they think things will improve!