Air NZ Posts $105M First-Half Profit, But Revenues Drop

Air New Zealand (ANZ) reported a profit of NZ$105 million (US$72,4 million) for the first half of its fiscal year ended Dec. 1, up of 12% from the previous period. ANZ Chairman John Palmer said the result as encouraging despite a 7.6% revenue decline to NZ$1.7 billion (US$1.1 billion), attributed to...

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