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Podcast: The Mike Hosking Breakfast
Episode: Mike's Minute: Air NZ has issues and the turnaround is a way off
Description: There is no doubt that Air New Zealand has issues. In a week of company reports, the vast majority contained good news. Air New Zealand was a glaring exception. A national airline losing money in an industry that is booming doesn’t make sense. They have engine issues – that is real and it's not over. They have eight grounded planes and planes that don’t fly don’t make money. They have issues getting planes, but that has been applicable to everyone. So it's a perfect storm of sorts. But...