Air New Zealand has posted earnings before taxation of NZ$211 million for the six month period ended 31 December 2018, compared to NZ$323 million in the prior period. Net profit after taxation was NZ$152 million.
Key drivers of the interim result included operating revenue growth of 7.1%, which was more than offset by a 28% increase in fuel price and increased operational costs. Operating cash flow of NZ$475 million remained strong despite the headwinds faced over the period.
