By Jamie Freed
By Jamie Freed
SYDNEY, March 16 (Reuters) – Airways in Australia and New Zealand mentioned on Monday they might make drastic modifications to their flying schedules after the international locations over the weekend introduced worldwide travellers would wish to self-isolate for 14 days as a result of coronavirus.
The strict measures are designed to gradual the unfold of the pandemic, which led the Reserve Financial institution of New Zealand to unexpectedly lower the official money charge by 75 foundation factors to 0.25% on Monday.
Air New Zealand Ltd AIR.NZ mentioned job losses could be mandatory because it lower long-haul capability by 85% over the approaching months, suspending flights to locations together with San Francisco, London, Buenos Aires, Honolulu and Tokyo.
The airline can even lower flights to Australia and cut back home capability by 30% in April and Could.
“We at the moment are accepting that for the approaching months no less than Air New Zealand will probably be a smaller airline requiring fewer sources,…