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Stock impact report

Air New Zealand Working ‘Constructively' With Boeing, Chair Says [BNN Bloomberg (Canada)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: BNN Bloomberg
deliver on its order even as it faces increased scrutiny into its manufacturing practices. The board of New Zealand's national carrier is “very interested in what is happening” at Boeing, Chairwoman Therese Walsh told Bloomberg News in an interview in Singapore, and plans to visit the planemaker in the coming 12 months. “We have to be really interested to make sure that we have the aircraft that we need and they operate in the way we wish them to,” said Walsh, who was in Singapore as part of a delegation of business leaders accompanying New Zealand Prime Minister Christopher Luxon. Back home in New Zealand, the airline is facing a number of headwinds including intense competition on international routes and rising non-fuel costs. It's also grappling with Pratt & Whitney engine maintenance issues on its Airbus SE A321neo fleet, which will see as many as five of its newest and most efficient aircraft out of service at any one time across the next 18 months, at least. Read More: Show less Read more
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