Air New Zealand CEO on Navigating 'Perfect Storm': Engine Crisis and Digital Transformation
Air New Zealand CEO Nikhil Ravishankar spoke at WiT Queenstown about challenges including engine issues, high oil prices, and expected losses, but noted the team has been rebuilt with ~70% joining post-COVID. The airline aims to become the 'world's leading digital airline' through cross-functional teams and AI optimization. All aircraft are back in service, the 787 fleet will undergo the world's first retrofit, and plans include ultra-long-range 787 and Skynest sleep pods.