Air New Zealand announces new SAF purchase

Business Travel News Europe— Air New Zealand has agreed a deal to buy 2.4 million gallons of sustainable aviation fuel (SAF) from specialist supplier Neste.

NBC News—FAA announces new rest rules for air traffic controllers. FAA Administrator Michael Whitaker announced new rules for air traffic controllers. He said that they will require 10 hours of rest between shifts rather than nine, and 12 hours before a midnight shift, putting controllers on a par with pilots and flight attendants. The aim is to reduce fatigue among controllers and reduce the chance of mistakes. NBC News' Tom Costello reports.

Yahoo Finance—Air New Zealand falls after earnings outlook cut on stiff competition. Air New Zealand trimmed its annual earnings estimates on Monday, citing economic headwinds and a cost-of-living crisis leading to softer revenue in domestic and North American markets, sending the carrier's shares to a near two-year low. Shares of Air NZ slipped as much 3.5% to NZ$0.550, hitting their lowest level since July 1, 2022. New Zealand's flagship carrier now expects earnings before taxation between NZ$190 million ($112.01 million) and NZ$230 million for 2024, down from previous...

Japan Today—New Zealand's Education Ministry latest to announce cuts, as public service downsizes. New Zealand’s Ministry of Education announced on Wednesday it planned to cut about 12% of its workforce as widespread layoffs are announced in the public sector in an effort to reduce spending and curtail debt. The conservative coalition government, elected in October, has asked ministries and departments such as health,