Air New Zealand report small fall in H1 profits

Air New Zealand has reports interim profit of $198 for H1, ending I December 31, 2019, a slight decline on the $217 million it posted for the first six months of the year.In a statement, accompanying the results the carrier said this fall reflecting a number of market factors,  “the slower demand growth environment, weakness in the global cargo market and the ongoing unrest in Hong Kong”.While operating revenue growth of 3%  was driven by solid demand across the airline’s Domestic and Pacific Islands networks, as well as recently launched services into Asia and North America, this was undercut by weaker cargo