Transportation

Air New Zealand CEO Unexpectedly Steps Down as Groundings Linger

  • Greg Foran to leave Air New Zealand on Oct. 20, 2025
  • Foran’s five-year tenure defined by pandemic and its fallout
Greg ForanPhotographer: Fiona Goodall/Bloomberg
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Air New Zealand Ltd. Chief Executive Officer Greg Foran is unexpectedly stepping down, kicking off a search for a new leader to tackle lingering supply-chain ruptures that are disrupting operations.

Foran will leave in October, the airline saidBloomberg Terminal Thursday. He took the helm in 2020 after leading Walmart Inc. in the US, just as Covid-19 decimated global travel. Foran told the board that the airline was “set up well” and “the time is right for him to take on a new challenge,” Air New Zealand said.