How are NZX tourism stocks doing amid low border crossing?

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How are NZX tourism stocks doing amid low border crossing?

New Zealand is world-famous for its tourist destinations. However, owing to the pandemic, its tourism sector bore the maximum brunt. With the start of the quarantine-free travel with Australia, the sector looked optimistic and keen on recovery. So, in today’s video we’ll look at how

*Air New Zealand boasted operating about 3,400 flights per week during the pre-COVID-19 period. In its recently released investor update for September, the Company flew just 266,000 passengers during the month, a reduction of 60.8% on prior corresponding period, due to lockdown restrictions being imposed throughout the country.

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