Subscribe


Travel Daily

TD breaking news – Record profit, dividend and staff bonus for Air New Zealand

Air NZ pre-tax profit up 40% to NZ$663 million. 

Air New Zealand has just announced its financial results for 2015/16, with the figures the best ever in the airline’s 76-year history. Operating revenue jumped 6.2% to NZ$5.2 billion and earnings before other significant items and taxation were up 70% to $806 million.

The statutory pre-tax profit was NZ$663 million and ceo Christopher Luxon also highlighted record customer satisfaction, excellent “brand health” and the number one corporate reputation in New Zealand.

“I am extremely proud of the airline’s achievements, our people and the contribution we make to super charging New Zealand’s success,” he said. “Alongside connecting New Zealanders and Kiwi businesses with each other and the world, we employ 11,300 staff, will pay the government around $260 million in total dividends and will pay income tax of around $200 million for the year.”

Luxon said group capacity was expected to grow between 4% and 6% during 2016/17, with the carrier reporting a fully imputed final dividend of 10c per share, bringing the total payout for the year to 20c – along with a special dividen of 25c per share.

More details in today’s issue of Travel Daily.


The above Breaking News Alert was sent to Travel Daily subscribers on 26 Aug 16

Make a comment...



Established in 1994, Travel Daily is Australia's leading travel industry publication, and is sent as a paid subscription to people across the industry as a PDF newsletter every weekday.

Register for Travel Daily trial subscription

To sign up for a free 14-day trial, click on the button at right.

Click here to see a sample issue of Travel Daily.

Click here for more information on subscriptions.

Alternatively, you can search our site or find other content below.

Recent Travel Daily articles

26 May

Travel Specials 26 May 17 - WELCOME to Travel Specials, Travel Daily's Friday ...


26 May

Today’s issue of TD is coming to you courtesy of Gold Coast Business Events. 26 May 17 - AFTER an opening ceremony and a chance ...


26 May

Window Seat 26 May 17 - FANCY a loo with a view? MGM ...


26 May

Bring your camel to work day!! - QANTAS hosted 150 agents from around Australia ...


26 May

The 2017 Helloworld Travel Owner Managers Conference and Helloworld Business Travel Summit celebrated with a dazzling Gala Dinner Awards Event last week hosted by Qantas Airways at the Gold Coast Convention and Exhibition Centre – where Branded, Associate and Corporate Award winners were recognised across several categories. - CONGRATULATIONS to all of the winners and ...


26 May

Hawaii creates Flux - THE FLUX Hawaii pop-up shop opened in ...


26 May

Malindo celebrates Brisbane - MALINDO Air ceo Chandran Rama Muthy hailed ...


26 May

Magellan state dinners roll on - THE Magellan Travel Group has this month ...


26 May

Jackson Hole says hi! - SKI operators from across the globe have ...


26 May

Hawaii spend up - VISITOR spending in Hawaii jumped 9% in ...


26 May

Hotel Jen Beijing - HOTEL Jen Beijing has opened, offering 450 ...


26 May

Enterprise Vietnam - ...


26 May

Tempo Spain special - TWO of Tempo Holidays' small group coach ...


26 May

DL SJD, CUN boost - DELTA Air Lines will seasonally up its ...


26 May

New Design hotels - DESIGN Hotels has added six new members ...


26 May

Universal Halloween - UNIVERSAL Studios Hollywood and Universal Orlando Resort ...


26 May

New CCC KGI options - CAPTAIN Cook Cruises and SeaLink are offering ...


26 May

Brazil demonstrations - SMARTRAVELLER has issued a warning for Brazil ...


26 May

Sheeran flights - AIR New Zealand has announced 52 extra ...


26 May

New US procedures - THE US Transportation Security Administration will introduce ...



Show Travel Daily items by month: