April 16 (Reuters) - Air New Zealand AIR.NZ said on Wednesday it expects lower earnings in the 2025 financial year, citing uncertainty regarding its global engine maintenance delays and related compensation levels.
The carrier expects earnings before taxation in the range of NZ$150 million ($88.50 million) to NZ$190 million in 2025, compared with NZ$222 million it had reported in 2024.
($1 = 1.6949 New Zealand dollars)
(Reporting by Rajasik Mukherjee; Editing by Maju Samuel)
((Rajasik.Mukherjee@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.