Air Transport World

Air New Zealand.(ASIA/PACIFIC Report)

Air New Zealand blamed a NZ$300 million hike in fuel expenses for a 1% decline in profit for the fiscal year ended June 30 to NZ$218 million ($154 million) from NZ$221 million in the prior year. The profit drop was a more significant 24% to NZ$197 million if special items are excluded. …

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