Air New Zealand will delay aircraft orders to put off spending. It will postpone by two years the delivery of one A320NEO aircraft designated for trans-Tasman services. There will also be a ''targeted review of the operations cost base'', said Luxon. "The actions we are announcing today are focused on re-aligning our business to ensure a return to earnings growth in the lower growth environment,'' he said. The airline was experienced at adapting to changing macro environments, and the actions outlined in the business review would ensure the business was more dynamic, and increasingly competitive.

Source: Otago Daily Times March 27, 2019 22:18 UTC