Greg Foran: Air New Zealand CEO on Air New Zealand's decreased half-year earnings

Air New Zealand's half-year earnings have taken a dive, according to today's report. The airline has announced earnings before taxation of $185 million for the first half of the 2024 financial year- down 39 percent on the same period last year. CEO Greg Foran says these earnings reflect a 'normalisation' following a huge surge in demand. "Last year, we made, based on the amount of kilometres we flew, more money than we've ever made. So what you're seeing now is more of a normalisation, it's heavier going."  LISTEN ABOVE  See omnystudio.com/listener for privacy information.