![Air New Zealand expects annual underlying loss to be less than $479 million](https://i-invdn-com.investing.com/trkd-images/LYNXMPEI580ZH_L.jpg)
© Reuters. FILE PHOTO: The logo for Air New Zealand is displayed at their office located at Sydney International Airport, Australia, June 20, 2017. REUTERS/David Gray
(Reuters) – Air New Zealand Ltd said on Friday it now expects loss before tax and significant items to be less than NZ$750 million ($478.73 million) for fiscal 2022, compared to a prior forecast of less than NZ$800 million.
The airline continues to see strong passenger booking activity on short haul and international services following the opening of New Zealand’s border, it said.
($1 = 1.5667 New Zealand dollars)
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