‘The extent of this reduction is based on conservative assumptions and we may have to change these as the situation evolves, especially if the Level 4 Alert goes beyond the planned 28 days or border restrictions are in place for a prolonged period’ Foran says.
‘This week we have begun the process of consulting about large-scale workforce reductions in our international regions. New Zealand will follow. These are painful but necessary measures to ensure this country retains its national airline in the long term, albeit a smaller one.
‘We are committed to supporting affected Air New Zealanders as they transition out of the business. We are exploring redeployment opportunities and have in place a range of free independent services, such as budgeting, mental health counselling support and career advice.
‘I am conscious that a smaller Air New Zealand also comes with a significant impact on our suppliers, some of whom may have to reduce the size of their workforces as well.’