Air Transport World

Air New Zealand. (Asia Pacific Report).(reports first-quarter financial results )(Brief Article)

Air New Zealand announced that pre-tax earnings are expected to double to NZ$200 million ($96.5 million) for the current year ending next June 30. CEO Ralph Norris told shareholders at the ANZ annual meeting that more effective use of the airline's fleet contributed to a pre-tax profit of NZ$30.4 million for the first quarter of 2002-03. He said this result, which compared with a NZ$51. …

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