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Tourists on the island said they weren't aware how close the volcano was to erupting. Lu told the court the eruption had changed her “physically and mentally.”Before the disaster, she worked in the fashion industry. He said the tourists were told the volcano’s activity level was elevated, which meant they couldn’t go to some areas of the island. Five organizations have already pleaded guilty and are awaiting sentencing, including Volcanis Air Safaris, Aerius, Kahu NZ and White Island Tours. Luxury charter flight operator Inflite pleaded guilty last year and was fined 227,500 New Zealand dollars ($145,000) plus court costs.
Persons: WorkSafe, Annie Lu, Lu, ” Lu, Geoff Hopkins, , , I’ve, Matthew, Lauren Urey, Matthew Urey, Urey, ” Lauren Urey, Matthew Urey's, Margulies, Alsina, Peter, James Buttle, Kristy McDonald KC, WML, David Neutze, Inflite Organizations: Australia CNN —, Tourists, New Zealand Defence Force, Getty, Royal Caribbean Cruises, Whakaari Management, New Zealand Ltd, Tauranga Tourism Services, Zealand, CNN, Radio New Zealand, White Locations: Brisbane, Australia, White, New, Handout, we’re, Tauranga, ., Zealand
Regional rival Air New Zealand Ltd (AIR.NZ) also reported a swing to profit in the first half ended Dec. 31 on Thursday, along with a muted outlook. Qantas Chief Executive Alan Joyce said cost of living pressures would hit discretionary spending "at some point" but so far the airline expected robust demand into mid-2024 at least. Qantas said it was facing delays of up to six months in new aircraft deliveries from Airbus SE (AIR.PA) alongside other airlines around the world. The Australian carrier said it would bolster its fleet by acquiring some older Airbus planes and exercising nine options for A220 purchases to help meet travel demand growth. "Outlook for RASK is to reduce, however off what we estimate were elevated levels," said Citi analysts in a client note.
Feb 23 (Reuters) - Air New Zealand Ltd (AIR.NZ) swung to a first-half profit for the first time in three years on Thursday, helped by strong travel demand following the reopening of domestic and international borders, and strong cargo revenues which were above pre-COVID levels. The carrier reported statutory profit before tax of NZ$299 million ($185.95 million) for the six months ended Dec. 31, compared with a loss of NZ$376 million reported a year earlier. The company posted a loss before other significant items and taxation of NZ$725 million in 2022. Air New Zealand did not declare a dividend, but said that it will consider providing dividends for its shareholders during its full-year results in August. ($1 = 1.6080 New Zealand dollars)Reporting by Archishma Iyer and Rishav Chatterjee in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Air New Zealand swings to first-half profit on soaring travel demand, article with imageBusiness category · February 22, 2023 · 8:17 PM UTC · undefined ago · undefined agoAir New Zealand Ltd swung to a first-half profit for the first time in three years on Thursday, helped by strong travel demand following the reopening of domestic and international borders, and strong cargo revenues which were above pre-COVID levels.
Dec 8 (Reuters) - Air New Zealand Ltd (AIR.NZ) on Thursday increased its earnings forecast for the first half of fiscal 2023, helped by strong travel demand across its domestic and international networks and a decline in jet fuel prices. The increased profit outlook follows a moderation in fuel prices in recent weeks and assumes that the airline will fly about 75% of its pre-COVID capacity levels across the network in December, according to Air New Zealand. Air New Zealand, however, added that capacity was still constrained and would continue to impact pricing. The company, which has been posting losses since 2020, did not provide a full-year outlook, citing factors such as inflationary pressures. ($1 = 1.5731 New Zealand dollars)Reporting by Himanshi Akhand in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
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