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Air NZ upgrades profit expectations

Monday, 3 December 2012

 
 

Air NZ expecting strong performance for FY 2013. Image: NZ Herald

Air New Zealand’s profile of earnings for financial year 2013 is expected to follow a traditional seasonal pattern, resulting in a stronger first half performance.

Based on the current market conditions and trading environment, Air New Zealand predicts first half nominated earnings before tax for the first half of FY 2013 to be between NZ$120 million and NZ$140 million.

Air New Zealand also confirmed its previous declaration that full year normalised earnings before taxation for FY 2013 would more than double that of FY12 in its public outlook statement.

The Kiwi carrier recently unveiled its new Hobbit-inspired Boeing 777-300ER.

Source = e-Travel Blackboard: P.T
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