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Air NZ CEO: 'Hard work and good pricing' helped half-year profits soar

Author
Newstalk ZB,
Publish Date
Thu, 23 Feb 2023, 7:00PM
(Photo / NZ Herald)
(Photo / NZ Herald)

Air NZ CEO: 'Hard work and good pricing' helped half-year profits soar

Author
Newstalk ZB,
Publish Date
Thu, 23 Feb 2023, 7:00PM

Air New Zealand is recovering with a strong half-year profit of $299 million.

The airline confirms that this growth was boosted by sustained demand and high ticket prices after three years of Covid-related losses.

Air New Zealand CEO Greg Foran acknowledged the increased ticket prices were as much a factor as the lack of low-cost seats and high inflation.

Greg Foran says they're working hard to get their service back to pre-Covid standards again and travellers can expect to see progress over the course of the year.

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