In what will be Greg Foran’s last full year as CEO, the Kiwi flag carrier posted a net profit after taxation of NZ$126 million (around AU$113 million), down on the previous year, off the back of NZ$189 million in pre-tax earnings.
The regional carrier will fly three times a week between the nation’s capital and Avalon, which serves Melbourne as a secondary airport as well as Geelong and the Bellarine Peninsula. Flights will operate on Thursdays, Fridays and Sundays using British…
Announced as part of the airline’s annual results on Thursday, the order will include 16 aircraft with lie-flat business-seats and seat-back entertainment systems, and comes as the Flying Kangaroo plans to begin operations with its first two A321XLRs i…
The Flying Kangaroo saw a pre-tax profit of $2.39 billion, up 15 per cent on the previous year, translating to $1.61 billion after tax, up 28 per cent.