Air New Zealand sees third year of growth

Wednesday, 27 Aug, 2014 0

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Air New Zealand earned NZ$332 million (£167.7m) to the end of June, a 30% leap on the previous year.

Net profit for the year was up 45% to NZ$262 million.

It was the third consecutive year of growth for the government-owned airline, which was recently given approval to form an alliance with Singapore Airlines. It is also the largest shareholder in Virgin Australia.

Chairman Tony Carter said these alliances, in addition to new aircraft that were operating more profitably, would help the carrier continue to grow.

 



 

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Linsey McNeill

Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk



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