Preflight

Air New Zealand in growth mode
Kiwi carrier expects significant earnings growth in the year ahead

Air New Zealand has flagged further expansion into Australia and capacity growth in its home domestic market in the year ahead after reporting a hefty lift in full year net profit.

The Kiwi flag carrier reported a statutory net profit of NZ$327 million for the 12 months to June 30 2015, up 24 per cent from NZ$263 million in the prior corresponding period.