AUCKLAND: Air New Zealand trimmed its annual earnings estimates, citing economic headwinds and a cost-of-living crisis leading to softer revenue in domestic and North American markets, sending the carrier’s shares to a near two-year low.Shares of Air NZ slipped as much 3.5% to 55 NZ cents, hitting their lowest level since July 1, 2022.
The shares were poised for their worst day since March 7.
