Profit spike for Air New Zealand

The Hub "Air New Zealand headquarters"
by Pana Kiowchaoum (ภธา เขียวชะอุ่ม) - via Wikimedia Commons

AIR NEW ZEALAND has announced a 30% lift in pre-tax earnings to NZ$332 million (£169 million) for the year ending 30 June, marking three years of earnings growth.

The airline has attributed the result to the introduction of its Boeing 787-9 Dreamliners, renovations to its B77-200ERs, and new terminals and lounges at Los Angeles and London Heathrow airports.

Alliances have also helped the carrier to see a positive year including those with Virgin Australia, Cathay Pacific, and most recently Singapore Airlines.

Said Air New Zealand’s CEO, Christopher Luxon: ‘Strong alliances such as this provide us with a platform for sustainable growth, allowing us to open up new routes and markets across the Pacific Rim.’


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