kangaroota
28th Feb 2007, 21:19
Does anyone know what divisions or subsidiary companies contributed to (or lost from) the Air New Zealand Group profit.
distracted cockroach
1st Mar 2007, 05:28
Doesn't exactly answer your question but:
Key highlights:
Operating revenue rose 12% to $2,135 million with group passenger yields up 10.7%.
Short-haul passenger revenue has increased 11% to $1,019 million with yields also up 8.9%.
Long-haul passenger revenue increased 13% to $695 million, with yields up 12.7%.
Cargo revenue up 20% due to the increased capacity offered by the new 777 and higher cargo yields.
Additional cost savings of $63 million achieved, on track to achieve targeted cost savings of $130 million.
Gearing as at 31 December 2006 is 46.7% at the lower end of our target range of 45 to 55%.
Cash holdings remain above $1 billion despite repaying $140 million of debt early.