Jan 31 (Reuters) - Air New Zealand Ltd AIR.NZ :
* TEMPORARILY REDUCING SHANGHAI OPERATIONS, PREPARES FOR DECLINE IN DEMAND FOR TRAVEL BETWEEN NEW ZEALAND AND CHINA
* FROM 7 RETURN SERVICES PER WEEK BETWEEN AUCKLAND AND SHANGHAI, FROM FEB 18 TO MARCH 31, IT WILL REDUCE TO 4 PER WEEK
* CLOSELY MONITORING SITUATION & TAKING STEPS TO REDUCE IMPACT TO CUSTOMERS; EXPECT DEMAND MAY EASE IN SHORT-TERM Further company coverage: AIR.NZ