Airlines
Luxon blasts Air NZ for $242m loss, tells airline to 'deal with their issues' promptly
Former boss Christoper Luxon says the result is bad even in context of worldwide problems.
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Stories and analysis from The Northern Express Herald.
Synlait forecasts net loss of up to $75m
But the dairy and infant formula maker says operations are improving.
Residential market slump delays Precinct's $500m second tower
Scott Pritchard, Precinct: 'The residential market continues to be quite sluggish.'
'So sad': Retirement giant Summerset hiking fees for an extra $35m
Company says move reflects higher costs and greater expectations from residents.
Qantas makes more than $1.5 billion profit
International passengers were up despite the Strait of Hormuz standoff.
One NZ and 2degrees propose combining radio access networks
The new company would manage shared antennas and mobile network towers.
Xero chair defends CEO’s $30m pay package
Chair David Thodey said it needed to remain competitive to attract senior executives.
NZ Post delivers $17m profit as letter volumes fall 15%
NZ Post has returned to profit after restructuring its urban retail network.
Precinct seeks new office tenants for half of Downtown tower project
Property devaluations pushed the company to an $8.2m net after-tax annual loss.
Genesis plans $3b investment as operating earnings rise 14%
Strong retail margins and hydro conditions lifted Genesis Energy's operating profit.
TSB's owner to proceed with sale to Heartland, ignoring Kiwibank bid
Did Kiwibank ever make a proper offer?
Six NZ Build Group-linked companies liquidated owing IRD $1.45m
The web of companies relied on financial support from each other, leading to their demise.
‘Why the hell?’: Mayor tells tourism industry bed tax talks aren't over
Rotorua leader spoke at the launch of Tourism Industry Aotearoa’s revised strategy.
Record profit for Christchurch Airport as CEO points to South Island's 'different trajectory'
Hitting sweet spot, but volatility ahead: Christchurch Airport boss on blockbuster result.
Woolworths sales hit $8.49 billion as margins come under pressure
Sales rose at Woolworths NZ but its gross margin was squeezed.
Meridian promises to keep energy price increases below inflation in coming year
Meridian Energy has returned to profit after last year's $452m loss.
Outside the rules? Critics question 'golden visa'-backed property loans
Invest NZ has issued fresh guidance after concerns raised over property investments.
Air NZ, Qantas say Fiji jet fuel situation back to normal
Airlines confirm it's business as usual for flights to the island nation's gateway.
Kiwibank circles, as Taranaki residents fail to block TSB sale
TSB's owner to vote on sale of TSB to Heartland this week.
Vulcan Steel grows profit despite mixed market conditions
Vulcan Steel lifted net profit 22% to $18m on higher sales.
Tourism Holdings net profit lifts 34% as 2027 outlook takes hit
Two takeover offers put Tourism Holdings in focus after a strong result.
'Confidential, unsolicited' – SkyCity reveals takeover offer in May
The casino company rejected a takeover proposal from a US fund.
Air New Zealand result: How bad will it be?
The loss that sparked a coalition flare-up will likely be minor compared to what's coming.
The Govt loaned an apple grower $13 million. Now in receivership, it likely won't be repaid
'As the company's cashflow problems worsened, it became unable to pay its debts.'
Apartment owners chased for unpaid body corporate levies – Property Insider
Tribunal cases expose the risks of unpaid body corporate fees for owners.
Costco's second store mapped out for Drury
Auckland Council says no plans have been lodged yet for the Costco Drury resource consent.
Mighty Ape closes Christchurch warehouse as revenue falls 30%
The business has continued to decline since its parent Kogan commenced a reset.
Chorus earnings surge despite tough economy, chief executive predicts AI gains
AI, battery banks, data centres and a potential inter-island cable seen driving growth.
Vulcan tipped for solid profit growth as Roofing Industries gains
Roofing Industries is expected to deliver strong volume growth for Vulcan.
Manapōuri for millennials: Growth NZ's plan for cheaper, cleaner energy
Breaking up the gentailers is a last resort in an eight-step plan from the civic movement.