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Virgin expected to drag on Air NZ's forecast strong result

Headwinds for Air NZ's Aussie investment.

Calida Smylie
Tue, 24 Feb 2015

Air New Zealand [NZX: AIR] is expected to report a strong first half result tomorrow but this will likely be dragged down by its ally Virgin Australia’s recent losses.

New Zealand’s national carrier is forecast by Forsyth Barr to produce a 12% profit increase on last year to $143 million, on the

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Calida Smylie
Tue, 24 Feb 2015
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Virgin expected to drag on Air NZ's forecast strong result
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