Air New Zealand Turns In Lower-Than-Forecast Profits
Air New Zealand, smarting from a slackened Asian travel market and the effects of a stronger U.S. dollar, posted a net income of NZ$82 million (US$47.4 million) for the six months ended Dec. 31. Earnings were up 6.9% over the year-earlier period but were lower than the company had expected. ANZ felt...
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