UPDATE 1-Air New Zealand to cut capacity, lay off staff as demand drops <!-- no image --> <div>Air New Zealand said on Monday it would further cut capacity and look to lay off some permanent employees as the coronavirus outbreak hits global travel demand.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xbLtvQFT6nU:YeeRsEujDrE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xbLtvQFT6nU:YeeRsEujDrE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=xbLtvQFT6nU:YeeRsEujDrE:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xbLtvQFT6nU:YeeRsEujDrE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=xbLtvQFT6nU:YeeRsEujDrE:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/xbLtvQFT6nU" height="1" width="1" alt=""></div> Posted by Reuters