Larry Williams Drive

Air New Zealand's assuring it's on track for economic stability. The national airline's announced a first-half before-tax loss of $59 million. CEO Nikhil Ravishankar says the result's driven by challenges from aircraft being grounded, a softer recovery than expected - and rising costs.  But he says they'll be well on the road to recovery over the next two to three years.  "One of the key reasons I say that so confidently is for the first time in six years, we've got new aircraft coming back into the fleet and we're solving engine issues."  LISTEN ABOVE See omnystudio.com/listener for privacy information.