Air New Zealand Grounds 777 Fleet Until at Least Sept 2021 --Update
September 09 2020 - 7:15PM
Dow Jones News
By Stephen Wright
WELLINGTON, New Zealand--Air New Zealand Ltd. said its fleet of
Boeing 777 jets will be grounded until at least September 2021 due
to an expected slower recovery in international travel from the
pandemic.
Most of the planes will be flown to the U.S. and stored in arid
desert locations in California and Roswell, New Mexico, the airline
said Thursday.
Chief Operating Officer Carrie Hurihanganui said a recovery for
the airline's international flights from the coronavirus pandemic
is "now looking to be slower than initially thought."
A recent resurgence of virus cases in New Zealand is a reminder
that the pandemic is a "highly volatile situation," she said in a
statement.
The airline had initially grounded the 777 fleet until the end
of 2020.
It has seven 777-300 aircraft and eight 777-200 planes. Three of
the 777-300 jets will stay in Auckland, leaving them available for
a quick return to service.
Write to Stephen Wright at stephen.wright@wsj.com
(END) Dow Jones Newswires
September 09, 2020 19:00 ET (23:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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