BUZZ-Air New Zealand falls after cutting 2024 fiscal earnings forecast

Reuters04-22

** Shares of Air New Zealand fall as much as 3.5% to NZ$0.550, hitting the lowest level since July 1, 2022

** Flagship carrier lowers its earnings forecast for fiscal 2024 to NZ$190 mln and NZ$230 mln ($112.40 mln-$136.07 mln) from NZ$200 mln to NZ$240 mln

** Stock posts its biggest intraday pct fall since March 7

** Stock had fallen more than 10% this year, as of last close

($1 = 1.6903 New Zealand dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com;))

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