New Zealand Herald, 28 February 2019 – Air New Zealand said its first-half net profit dropped by 34 per cent to $152 million in the first half to December but that it was sticking wiith its guidance for the full year.
The net profit was down $80 million from $232 million a year earlier.
The company said key drivers of the interim result included operating revenue growth of 7.1 per cent, which was more than offset by a 28 per cent increase in fuel prices and increased operational costs. Read more…
