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Jarden predicts full-year dividend for Air NZ in August

Author
Newstalk ZB,
Publish Date
Tue, 7 Feb 2023, 8:42PM
(Photo / Getty Images)
(Photo / Getty Images)

Jarden predicts full-year dividend for Air NZ in August

Author
Newstalk ZB,
Publish Date
Tue, 7 Feb 2023, 8:42PM

Jarden is predicting Air New Zealand will announce a full-year dividend in August.

This will be the first full dividend for Air New Zealand since pre-Covid.

BusinessDesk managing editor Pattrick Smellie says this is a departure from two years ago, where the company was relying on Government subsidies to keep them afloat.

Pattrick Smellie says this proves Air New Zealand was able to bounce back quickly and maintain high profit margins due to lack of competition on several routes.

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