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Air New Zealand has announced Greg Foran, a New Zealander currently running Walmart's United States operations, as its new chief executive.
Based on the Air New Zealand annual shareholder meeting, it appears the travelling public's confidence in aircraft and engine manufacturing has been somewhat shaken in light of recent events.
Air New Zealand has reported a 30 per cent decline in net profit for 2018/19 amid what the company described as a lower growth environment.
Air New Zealand says a permanent replacement for outgoing chief executive Christopher Luxon may not commence in the role until first quarter of 2020.
This story by Denise McNabb from the July 2019 edition of Australian Aviation looks at the long-haul ambitions of Air New Zealand with the Boeing 787.
Air New Zealand says its gas turbines business has won a fourth contract to service the US Navy General Electric LM2500 power turbines.
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