Announcement
MKTUPDTE: AIR: Air New Zealand CEO's email to staff and customers
08:31am
AIR
31/03/2020 08:31
MKTUPDTE
NOT PRICE SENSITIVE
REL: 0831 HRS Air New Zealand Limited (NS)
MKTUPDTE: AIR: Air New Zealand CEO's email to staff and customers
Late last night (30 March 2020) Chief Executive Officer Greg Foran sent an
email to customers and staff of Air New Zealand, confirming that the airline
would be making substantial reductions to its workforce due to the
significant decline in revenue that has resulted from the outbreak of
COVID-19.
Please note that this email is not intended to provide a forecast or guidance
on revenue or earnings for the 2020 financial year. As previously disclosed,
the situation is evolving at such a rapid pace that the airline is not in a
position to provide an earnings outlook to the market at this time.
For full details of the email sent out, please see attached.
For investor relations questions, please contact:
Leila Peters, GM of Investor Relations & Financial Planning
leila.peters@airnz.co.nz
+64 21 743 057
Kim Cootes, Investor Relations Manager
kim.cootes@airnz.co.nz
+64 27 297 0244
Ends
End CA:00350939 For:AIR Type:MKTUPDTE Time:2020-03-31 08:31:35
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