Air NZ staff could face job losses as airline continues to grapple with coronavirus fallout

Air New Zealand’s new boss isn’t ruling out job losses as the airline grapples with the effects of coronavirus and the toll it has taken on the company’s operations both internationally and at home. It has already made some immediate changes to further safeguard its future in the business, and its finances. The airline's CE, Greg Foran, has taken a pay cut, multiple flights have been axed and a hiring freeze is in place for non-critical roles. Foran said he couldn’t rule out redundancies. “I couldn’t rule out really too many actions at this point in time because we know what we know and we don’t know what we don’t know, and we need to ensure that this business is operating well and operating for the long term for New Zealand and New Zealanders,” said Foran. “It’s still a bit of an unknown as to where this goes," he added. "I’m unsure what this looks like in two weeks’ time, and that’s one of the reasons we did what we did today.” He said it is an emerging situation. "I couldn't rule out where this will go. The good thing is that we are resilient," he said. Foran and the airline's executives have been meeting daily to discuss the organisation's next steps. <br/>