Air New Zealand posts record result

Company News

by Lee Brooks

Air New Zealand Limited (ASX:AIZ) has posted a record profit nearly doubling its result from last year.

Earnings before significant items and tax were up 70 per cent at $806 million with a record net profit after tax jumping 42 per cent to $463 million.

The company says it will pay a company performance bonus of $2,500 to the 8,200 employees not already on other incentive programs.

A final dividend of 10 cents per share has been declared bringing the full year payout to 20 cents per share not including a special dividend of 25 cents per share.
 

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