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Wednesday, February 25, 2015

Air New Zealand release HY15 Interim Results

Air New Zealand have today announced their Interim Financial Results for the HY to December-2014.

Air New Zealand had a mixed result with its normalised profit up 20% to $216m, however its after tax profit slipped 6% to $133m.

Air New Zealand expect the full year profit to grow with fuel prices and hedge pricing in the second half year much lower due to weaker global oil prices.

The announcement also looks forward to the launch of AKL-EZE, new fleet arrivals, and the continues alliance with Singapore Airlines.

The airlines share price is currently up on the back of todays announcement.

Read more via stuff.co.nz HERE, The New Zealand Herald HERE or view the financial announcements and presentations via the New Zealand Stock Exchange HERE

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