Air New Zealand's Annual Profits Dip As Tourism Levels Fall
Air New Zealand, feeling the effects of lower Asia/Pacific tourist travel, posted a net profit of 144.8 million New Zealand dollars (US$72.7 million) for the 12 months ending June 30. The profits were down 3.6%. Pre-tax earnings fell 11.6% to NZD$129.7 million ($65.1 million), while revenue...
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