Strong financial results from Air New Zealand are supporting the extensive fleet spending that the carrier plans over the next three years. Air New Zealand’s net profit of NZ$182 million ($142.3 million) for the year through June 30 was its strongest in five years, and its third-best ever. The carrier’s senior executives stress that this will help it reinvest in the business, and part of that will be spending on aircraft. The carrier revealed that it will be investing NZ$1.8 billion ...


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