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Air New Zealand makes $338 million impairment on its Boeing 777-200ER fleet

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Air New Zealand makes $338 million impairment on its Boeing 777-200ER fleet

Air New Zealand has recorded a $338 million aircraft impairment charge related to grounding of the Boeing 777-200ER fleet “for the foreseeable future” as the carrier reported a loss of $87 million for the 2020 financial year ending June 30. Statutory losses before taxation, which include $541 mi...

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