Flying Kiwis are enduring a tough run, with Air New Zealand cutting its profit guidance and no respite to sky-high domestic airfares for frequent flyers.
On Monday, New Zealand's national carrier said softer than expected "economic and operational conditions" were behind a reduced profitability of between $NZ40-50 million ($A37-46 million) this year.
Increased competition on North American routes, local inflation, weakness from both business and government demand and jet fuel above $US100 a barrel were all listed as weaknesses weighing on the airline.
