"Air New Zealand Suspends Auckland to Chicago Route Due to Engine Troubles"

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Source: Yahoo Finance
"Air New Zealand Suspends Auckland to Chicago Route Due to Engine Troubles"
Photo: Yahoo Finance
TL;DR Summary

Air New Zealand plans to pause its non-stop Auckland to Chicago service from March 31 to Oct. 25 due to ongoing challenges with Rolls-Royce Trent 1000 engines, impacting up to three aircraft. The airline does not expect a full-year results impact and aims to re-accommodate affected customers. Rolls-Royce's inability to provide spare or replacement engines has led to reduced flying capacity. The airline's fiscal 2024 earnings forecast is lower than the previous year due to these challenges.

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