Air New Zealand significantly boosted its annual profit for the fiscal year through June 30, a result that 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 (U.S.$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 most ...

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