Market Close: NZ shares drop as Air NZ, Ebos fall
Matthew Goodson is quoted in Scoop Business commenting on Air New Zealand.
"After having been very strong for the last few days, and perhaps surprisingly strong given the known fuel cost and currency headwinds they'll face going into next year, it's a bit of reality," said Matt Goodson, managing director at Salt Funds Management. "The factors are no surprise. The business is still performing well in terms of the controllables, but the reality of those two things came home."