Air Transport World

Air New Zealand.(ASIA/PACIFIC Report)(Financial report)(Brief article)

Air New Zealand, ATW's Airline of the Year for 2010, credited "innovation and performance improvement" for a near-quadrupling of its net income to NZ$82 million ($57.4 million) for its fiscal year ended June 30 from a NZ$21 million profit in the FY2008-09 year. The result was achieved despite a 12.9% decline in revenue to NZ$4.05 billion. Efficiency gains, along with lower fuel prices, resulted in a 14. …

Log in to your account to read this article – and millions more.