Air NZ Ltd, crippled by the global spread of the coronavirus Covid-19, called a trading halt on its shares & bonds on Monday and cancelled its interim dividend yesterday.
Auckland International Airport Ltd suspended its earnings guidance for the year to June on Monday.
Chief executive Adrian Littlewood said: “Aviation & tourism are vitally important to New Zealand, supporting thousands of businesses & jobs. The future is very uncertain and our industry & government are pulling together so we can manage our way through this period and ensure we are in a strong position to rebuild when the recovery phase eventuates.”
Air NZ said this morning its trading halt would remain in place until market open on Friday or earlier if it makes an update announcement.
Attribution: Company releases.