Air New Zealand has dramatically boosted its annual profit for the fiscal year through June 30, which will help the carrier accommodate the significant investments it is making in fleet growth and lounge upgrades. The airline reported a net profit of NZ$262 million ($219.5 million), up from NZ$181 million in the previous year, while its pre-tax earnings of NZ$357 million were up 40%. This is the third consecutive year in which Air New Zealand has increased its profit, and its achievement ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Healthy Profits Support Air New Zealand Investment Plans".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.