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Air New Zealand limits loss, looks to blue skies

Air New Zealand has limited its half-year loss to just $185 million as it looks to blue skies.

The airline’s loss number is before tax and other significant items compared to earnings before other significant items and taxation of $198 million for the same period last year.

Statutory losses before taxation of $104 million include an $81 million gain from other significant items, compared to a $139 million profit before taxation for the first half of the previous financial year.

It said that the continuation of significant restrictions on international travel to and from New Zealand saw the airline’s operating revenue decline 59 read more ⇒

Source:: AirlineRatings.Com

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