Air New Zealand Posts Record $213m Full-Year Profit

Air New Zealand (ANZ) has posted a record net profit of NZD327m ($213m) for the financial year ending July 30.

Air New Zealand (ANZ) has posted a record net profit of NZD327m ($213m) for the financial year ending July 30.

The flag carrier’s results represent an increase of 24 per cent compared to the NZD263m ($170m) it reported for the previous financial year.

Revenues rose by six per cent to NZD4.9bn ($3.1bn) while passenger numbers increased by 4.2 per cent to 14.3 million.

This included a 9.3 per cent rise in international passengers while domestic travel numbers grew by 3.6 per cent.

Christopher Luxon, ANZ CEO, said the airline remains focused on the Pacific Rim region for its future growth strategy while predicting its domestic operation to grow by eight per cent for 2015-16.

TAGS: Asia Pacific
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