Air New Zealand is undertaking significant cost-cutting efforts in response to higher fuel prices. The carrier has identified about NZ$30 million ($20.6 million) in costs that can be removed before July 1, CEO Christopher Luxon told employees in a memo the week of Nov. 26. “These savings will come from a mix of turning off programs of work, resource reductions and tightening up on discretionary spend,” he said. In addition, Luxon said he has tasked his senior executives with ...

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