Air NZ's Christopher Luxon says businesses which just cut back aren't doing anything useful - NZ Herald
Air New Zealand chief executive Christopher Luxon says businesses that just cut jobs, investment and customer service aren't doing anything useful and needed to think more broadly about their bottom line.
"I could get a much higher share price for Air New Zealand in an instant by cutting jobs, cutting investment, cutting customer service and culture," he said at the airline's sustainability event today.
"The reality is that the business world is sadly littered with companies that are just cutting costs and ultimately not fulfilling their purpose to do anything useful in society. That's pretty sad."