Air New Zealand announces interim profit of $211 million

Air New Zealand has announced earnings before taxation of $211 million for the six month period ended 31 December 2018, compared to $323 million in the prior period. Net profit after taxation was $152 million. Shareholders of Air New Zealand will receive a fully imputed interim dividend of 11.0 cents per share. Chairman Tony Carter thanked the team of over 12,000 Air New Zealanders for their hard work and customer focus during a very challenging operational period for the airline. Key drivers of the interim result included operating revenue growth of 7.1%, which was more than offset by a 28%