Airline

Air NZ shares drop on fall in demand

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Air NZ shares drop on fall in demand

Air New Zealand shares have fallen to their lowest level since mid 2009 as travel demand falls in step with the worsening global economic situation. The stock fell as low as 91 cents today, bringing its decline this year to 39%. Air NZ posted a loss of $37 million in its second half ended June 30, w...

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