May 27, 2019 / 1:35 AM / 6 months ago

Air New Zealand cuts expectations for 2019 earnings

May 27 (Reuters) - Air New Zealand Ltd on Monday trimmed its 2019 earnings outlook by cutting out the upper end of the forecast range, citing headwinds from increased jet fuel prices.

New Zealand’s flag carrier said in a statement that it now expects the 2019 earnings before taxation to exceed NZ$340 million ($222.77 million), compared to a range of NZ$340 million to NZ$400 million announced in late March. ($1 = 1.5263 New Zealand dollars) (Reporting by Aby Jose Koilparambil in Bengaluru; editing by Richard Pullin)

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