New Zealand Herald, 23 August 2017 – Air New Zealand will be giving 8500 members of staff a $1700 bonus after the company reported its second highest earnings in company history.
The airline’s full year earnings fell 21 per cent in an increasingly competitive market, but were still the second highest ever as the airline continues to benefit from lower jet fuel prices and the country’s ongoing tourism boom.
Pre-tax earnings dropped to $527 million in the year to June 30, compared to $663m in the prior year, and were still the second highest in its history, the company said in a statement. Read more…