Asia/Pacific

Air New Zealand net profit down 39% in first half of 2023

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Air New Zealand net profit down 39% in first half of 2023

Air New Zealand reported a first half of 2023 net profit of $129 million, down 39% from $213 million in the same period last year. Operating revenue was up 13% to $3.74bn. The airline said it continues to be impacted by inflationary pressures and the increase in non-fuel operating costs. ""We knew...

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