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AIZ Air New Zealand Limited

0.495
0.00 (0.00%)
05 Jun 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Air New Zealand Limited ASX:AIZ Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.495 0.49 0.495 0.495 0.49 0.495 48,403 07:10:30

Air New Zealand Cancels Some Flights Due to Engine Issues

18/11/2019 2:24am

Dow Jones News


Air New Zealand (ASX:AIZ)
Historical Stock Chart


From Jun 2019 to Jun 2024

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   By Stephen Wright 
 

Air New Zealand Ltd. (AIR.NZ) is canceling some international flights to carry out unscheduled maintenance on Rolls-Royce Holdings PLC (RR.LN) engines, affecting about 14,000 travelers during the holidays.

Engine manufacturer Rolls-Royce is requiring airlines to increase the frequency of maintenance on planes with its Trent 1000 TEN engines due to a problem with high-pressure turbine blades in that model, the airline said in a statement Monday.

Air New Zealand has 10 of the Trent 1000 TEN engines in its fleet of Boeing Co. (BA) 787-9s.

"Rolls-Royce does not have any replacement engines available while maintenance work is undertaken and has advised Air New Zealand there's a significant wait for repair services," the airline said.

The affected flights are to Australian cities and to Tonga on dates in December and early January. The Christchurch-to-Perth route is the worst affected with 62 flights canceled.

The airline's shares were last trading down 0.5% at NZD2.78.

 

Write to Stephen Wright at stephen.wright@wsj.com

 

(END) Dow Jones Newswires

November 17, 2019 21:09 ET (02:09 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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