The national carrier shaved $20 million off its net profit compared to the previous financial year, while more than 10 planes remain grounded for repairs.
An Air New Zealand 787-9 Dreamliner sits in its stall at the Boeing Delivery Center, July 9, 2014 in Everett, Washington. Stephen Brashear/Getty Images
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Air New Zealand has reported a net profit of $126 million for the 2024/25 financial year, down from $146 million a year earlier, and warned investors of more turbulence ahead.
The airline will pay a final dividend of 1.25 cents per share.
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.
