Air New Zealand Limited provided earnings guidance for the year 2022. For the period, the company's expectation at that time was incur a loss before taxation and other significant items that exceeds $800 million. Air New Zealand now expects to be a loss before other significant items and taxation of less than $800 million.

Beyond FY2022, further losses are expected to be incurred in the near-term with the amount of such losses subject to the level and pace of the return of demand.