Air Transport World

Air New Zealand.(net profit for the fiscal year ended June 30)(Brief Article)

Air New Zealand broke a four-year cycle of losses with a NZ$165.7 million ($94.4 million) net profit for the fiscal year ended June 30, underpinned by its internal restructure and improved returns from the domestic and international markets. The airline achieved a profit before unusual items and tax of NZ$220.3 million, compared to a NZ$33 million profit in the previous financial year. Revenue remained flat at NZ$3.6 billion. …

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