Air New Zealand is delaying the delivery of two Dreamliner aircraft, will improve its premium offering and aim to be more punctual, according to its long-awaited strategy reset.The airline said the first two of its 10 new Boeing 787s on order would now arrive in the first half of its 2027 financial year, rather than the 2026 year ending 30 June.It comes as the country's flag carrier expects a full-year pre-tax loss of between $340 million and $400m as it faced pressure from grounded aircraft and surging fuel costs.It said it was in the process of negotiating its updated delivery pipeline with Boeing."We are working with aircraft manufacturers to reprofile our aircraft deliveries to smooth capital expenditure," it said.Air NZ said it was also pushing ahead with an organisational restructure, and highlighted annual labour and overhead savings."We are delivering on the cost-out programme with circa $100m of annualised benefits forecast to flow from FY27, while creating momentum for ongoing cost transformation," it said.The airline said it would also focus on growing a profitable network and build its presence in larger, resilient markets that generated returns.It would pivot to inbound premium leisure growth internationally, and domestically, the airline wanted to grow its small-to-medium business market share, and optimise inbound tourism flow to its domestic network."We have already announced new Christchurch routes to Japan, Singapore, and Perth. We are fine-tuning our premium service flow and product offering and allocating more resources to our highest return-on-capital areas."The airline also wanted to be more punctual and be one of the top five for on-time reliability in the world."We are already seeing positive outcomes, including on-time performance improvement FY26 year-to-date, reflecting the focus the airline has put into reliability, punctuality, and disrupt management," it said."This focus will continue."