Nikhil Ravishankar: Air New Zealand CEO on the company's $40 million half-year loss
Air New Zealand is fighting with one hand tied behind its back facing local costs its international competitors avoid.
The national airline's announced a $40 million half-year loss.
The new Chief Executive says airlines are a cyclical business, and New Zealand is disproportionately exposed to local inflation.
Nikhil Ravishankar told Mike Hosking some of the other airlines making more money are the ones that have recently gone through a downturn.
He says it's partly nature of the business, but there are also things we're exposed to locally that some of our competitors aren't.
They’ve…
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