Air New Zealand today announced normalised earnings* before taxation of $96 million for the six month period ended 31 December 2009, an increase of $70 million on the same period last year.
The Board has declared a fully imputed interim dividend of three cents per share.
Key highlights
- Normalised earnings* before taxation of $96 million, up $70 million
- Normalised earnings* after taxation of $64 million
- Operating revenue down 15% to $2.1 billion
- Passenger demand down 4.6%
- Passenger load factor up 3 percentage points to 81.6%
- Net cash position $1.1 billion
- Interim dividend of 3.0 cents
“In very challenging conditions this is a good result,” says Air New Zealand Chairman John Palmer.
“The fallout from the global financial crisis …
Read the rest of this article Scoop.co.nz
Tags: Air New Zealand, Aviation, new zealand
