BRIEF-Air New Zealand Announces Share Buy-Back Of Up To NZ$100 Million

Reuters

20 Feb

BRIEF-Air New Zealand Announces Share Buy-Back Of Up To NZ$100 Million

Feb 20 (Reuters) - Air New Zealand Ltd AIR.NZ:

SHARE BUY-BACK OF UP TO NZ$100 MILLION ANNOUNCED
FOR H2 OF FY AIR NEW ZEALAND'S BEST ESTIMATE CURRENTLY IS THAT IT WILL HAVE UP TO 11 JET AIRCRAFT GROUNDED
BEST ESTIMATE CURRENTLY IS THAT IT WILL HAVE UP TO 11 JET AIRCRAFT GROUNDED AT TIMES IN 2H25
AIRLINE EXPECTS PERFORMANCE FOR SECOND HALF OF 2025 FINANCIAL YEAR TO BE SIGNIFICANTLY LOWER THAN FIRST HALF
AIRLINE IS NOT IN A POSITION TO PROVIDE GUIDANCE AT THIS TIME

Further company coverage: AIR.NZ

((Reuters.Briefs@thomsonreuters.com;))

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