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Air New Zealand is set to launch three new non-stop international routes from Christchurch to Singapore, Tokyo, and Perth starting in late 2026, supported by the return of its Boeing 787 fleet.
The NZX 50 index climbed 0.9% to 13271 points on Thursday, led by an 11% surge in Gentrack and a 3% gain for Infratil. While technology and infrastructure stocks thrived on AI optimism, consumer-facing companies like SkyCity and Tourism Holdings saw declines.
The NZX50 index climbed 1.2% on Tuesday, recovering from recent losses. Significant gains in Gentrack and Fisher & Paykel Healthcare helped offset broader market declines seen earlier in the week.
Australia's 2026 economic outlook remains cautious, with the IMF projecting 2.0% GDP growth and inflation hitting 4.0%. As the RBA prepares for further rate hikes, consumer sentiment has fallen to near-record lows.