Air New Zealand says it will reduce its workforce by up to 30 percent - around 3750 jobs.
A statement from the company's chief executive officer on Monday confirmed the airline would suffer substantial losses. "One of the harsh realities we find ourselves facing is that we will require fewer Air New Zealanders as we move to grounding most of our international operations," said Greg Foran. Air NZ announced it would be suspending flights between Auckland and Chicago, San Francisco, Houston, Buenos Aires, Vancouver, Tokyo Narita, Honolulu, Denpasar and Taipei from March 30 to June 30. It is also suspending its London-Los Angeles service from March 16. "To minimise the level of redundancies we are strongly encouraging staff to take annual leave, long service leave or leave without pay where practicable," said Foran. The New Zealand Air Line Pilots' Association (NZALPA) believes the staff cuts at Air New Zealand will be permanent. The association released a statement following a meeting with Air NZ on Monday afternoon, following the airline's morning announcement it was cutting international capacity by 80 percent. "Air NZ will be looking to reduce employee headcount across the organisation by up to 30 percent. We understand this will not be a short term measure," said NZALPA president Captain Andrew Ridling. Foran said it will take more than a year for the airline to fly the same capacity it was before COVID-19.
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Air NZ employs 12,500 people - 30 percent would mean 3750 jobs.
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The NZALPA believes this drastic cutback in flights will cost the airline billions. "The industry is aware that, until this unprecedented situation developed, Air NZ would have had forecasted annual revenue of approximately NZ$6 billion. I would no longer be surprised if that forecast is reduced to around NZ$1 billion," said Ridling. The NZALPA is awaiting further announcements from Qantas and Virgin Australia.
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Dry cleaners mt Roskill
Hello our fellow neighbors I was hoping someone would know where the old dry cleaners we had up at the lights on dominion road have moved to?? I was out of town and when I came back they were gone .... I had some items that I would really love to get back but if only I new where they moved to or how to get In Touch with the owners to see what they did with our clothes if they closed down or moved elsewhere? Any updates or news about it would be amazing neighbors. Have a great day
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.8% Yes, supporting people is important!
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25.9% No, individuals should take responsibility
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14.4% ... It is complicated
Even Australians get it - so why not Kiwis???
“Ten years ago, if a heatwave as intense as last week’s record-breaker had hit the east coast, Australia’s power supply may well have buckled. But this time, the system largely operated as we needed, despite some outages.
On Australia’s main grid last quarter, renewables and energy storage contributed more than 50% of supplied electricity for the first time, while wholesale power prices were more than 40% lower than a year earlier.
[…] shifting demand from gas and coal for power and petrol for cars is likely to deliver significantly lower energy bills for households.
Last quarter, wind generation was up almost 30%, grid solar 15% and grid-scale batteries almost tripled their output. Gas generation fell 27% to its lowest level for a quarter century, while coal fell 4.6% to its lowest quarterly level ever.
Gas has long been the most expensive way to produce power. Gas peaking plants tend to fire up only when supply struggles to meet demand and power prices soar. Less demand for gas has flowed through to lower wholesale prices.”
Full article: www.theguardian.com...
If even Australians see the benefit of solar - then why is NZ actively boycotting solar uptake? The increased line rental for electricity was done to make solar less competitive and prevent cost per kWh to rise even more than it did - and electricity costs are expected to rise even more. Especially as National favours gas - which is the most expensive form of generating electricity. Which in turn will accelerate Climate Change, as if New Zealand didn’t have enough problems with droughts, floods, slips, etc. already.
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