June 18 (Reuters) – Air New Zealand AIR.NZ stated on Friday it expects losses in fiscal 2021 and 2022 as any significant restoration in long-haul demand is unlikely, although home journey has been choosing up within the nation.
The airline stated losses earlier than different important objects and taxation wouldn’t exceed NZ$450 million ($315.09 million) for monetary yr 2021, including that it anticipated the same end in 2022 as properly.
($1 = 1.4282 New Zealand {dollars})
(Reporting by Rashmi Ashok in Bengaluru; Enhancing by Vinay Dwivedi)
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