Competitive risk threatens Air NZ’s future earnings
Low fuel prices have been kind to Air NZ – but also to its competitors.
Calida Smylie
Thu, 25 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Air New Zealand [NZX: AIR ] has posted a strong result but warns competition levels are getting back to normal.
The national carrier reported pre-tax first-half profit up 132% to $457 million helped by lower fuel prices, a rise in tourist numbers and efficiencies from its new fleet. Net profit rose
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Calida Smylie
Thu, 25 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.