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Air N.Z.’s profit may be record

Bv LES BLOXHAM, travel editor

Air New Zealand’s profit, for the last financial year! will be announced in the* next few days, but the airline is tight-lipped about it. 1

“A satisfactory year,” was, the only comment Mr Criag Saxton, manager of public' and corporate relations, 1 would make when asked the state of the airline’s balancesheet in Christchurch this' week. “An announcement is im-i tnir.ent,” he said.

Travel industry sources believe the net profit will be • record and about S7M.

The profit last year was 1 $5.6M. Air New Zealand has not suffered a loss for more than 20 years. , ;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19770826.2.17

Bibliographic details

Press, 26 August 1977, Page 2

Word Count
107

Air N.Z.’s profit may be record Press, 26 August 1977, Page 2

Air N.Z.’s profit may be record Press, 26 August 1977, Page 2