air new zealand to slash jobs after profit slump
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Air New Zealand to slash jobs after profit slump

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Emiratesvoice, emirates voice Air New Zealand to slash jobs after profit slump

New Zealand - AFP

Air New Zealand announced plans Friday to cut more than 400 jobs after posting a 61.2 percent slump in half-year net profit on the back of high fuel costs and a struggling global economy. \"We plan to remove 441 roles from the business before the end of the financial year,\" chief executive Rob Fyfe said, adding that costs savings were needed after the \"disappointing\" result.

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