Airline profit of $20M suggested
PA Auckland The chief executive of Air New Zealand, Mr Norman Geary, hinted last evening that the airline would achieve an operating profit of more than $2O million this financial year. Addressing the Fiji Institute of Accountants, he said that the second half of the financial year would . be "somewhat better” than the first six months.
The airline made a $lO million operating profit in the first half.
“I am not at liberty to
release at this stage any details of the second half of the financial year,” said Mr Geary. “But I can say that the period October, 1983, to March, 1984, will be somewhat better than the first six months.
“While it must be emphasised that Air New Zealand has some way to go before entirely satisfactory profits are achieved, it can be claimed that the company, a publicly owned company, has made considerable progress in turbulent times.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19840309.2.45
Bibliographic details
Press, 9 March 1984, Page 4
Word Count
155Airline profit of $20M suggested Press, 9 March 1984, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.