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

20 Jul

Industry Appointments 20 Jul 17 - WELCOME to Industry Appointments, Travel Daily's Thursday ...


20 Jul

Window Seat 20 Jul 17 - IS YOUR purse or wallet cluttered up ...


20 Jul

Globus family treats agents in Mexico - TWENTY of Australia's best travel agents have ...


20 Jul

Helloworld signs new biz - HELLOWORLD Business Travel has continued to build ...


20 Jul

Veriu takes a local approach - SYDNEY'S newest boutique hotel collection premiered its ...


20 Jul

AA FULL PAGE - ...


20 Jul

UA defers A350s - UNITED Airlines has deferred the delivery of ...


20 Jul

Another Amari - ONYX Hospitality Group has launched a new ...


20 Jul

QR Moscow boost - QATAR Airways will boost its flights to ...


20 Jul

Teed Up Masters - TEED Up Golf Tours are reporting increasing ...


20 Jul

One-way RV rentals - DRIVEAWAY Holidays and Anywhere Campers have teamed ...


20 Jul

Locomote into Asia - TRAVELPORT Locomote has expanded its services to ...


20 Jul

Park Regis Everland - STAYWELL Hospitality Group has signed a new ...


20 Jul

Wyndham takeover - WYNDHAM Hotel Group has agreed to a ...


20 Jul

Superb Serbia - AIR Serbia has provided its industry partners ...


20 Jul

Doyle Coll Aus rep - THE Doyle Collection Hotels has appointed BTR ...


20 Jul

CI doubles Sydney - CHINA Airlines has confirmed it will introduce ...


20 Jul

EK Europe specials - EMIRATES yesterday released a range of Economy ...


20 Jul

Aus US visits down - AUSTRALIAN visitor arrivals for the USA in ...


20 Jul

EK 787 order? - EMIRATES is reportedly poised to make an ...



Show Travel Daily items by month: