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Air New Zealand increases profits

Wellington , New Zealand - Low-cost competion imminent

Air New Zealand (ANZ) declared today an increased profit for the past year, ended June 30, and forecast more profit for the future. The nation's biggest and largely state-owned air company made public a net profit of NZD 214 million (USD 153 million), more than double than NZD 96 million last year. The profit increase was obtained thanks to a cost-saving programme, which has allowed the air company...

AVIONEWS - World Aeronautical Press Agency - 1078456

AVIONEWS - World Aeronautical Press Agency
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