Cheers and applause as Air New Zealand's first bubble flight from Australia lands. A trans-Tasman bubble will provide a welcome boost to Air New Zealand, but to date it has been “far from a bonanza” for the airline, analysts say. Forsyth Barr analysts Andy Bowley and Scott Anderson have put out a research note on Air New Zealand, which has seen its share price drop from $3.25 in 2019 to $1.72. JOHN ANTHONY/Stuff Air New Zealand will get back to pre-Covid levels of operation eventually, Forsyth Barr says. Bowley said Air New Zealand had more capacity on the trans-Tasman route than its competitors at present.

Source: Stuff May 03, 2021 03:11 UTC