Air NZ flying high as AGM expected to be upbeat

Air New Zealand is expected to hold an up-beat annual meeting in Auckland this afternoon as the national carrier flies high on the back of low fuel costs and robust tourist arrivals. The airline reported a record full-year result in August, with net profit rising 24 per cent to $327 million. Air New Zealand is putting on more seats across its network as it flies to new long-haul destinations and uses bigger aircraft on domestic routes. But it is also facing increased competition in New Zealand… (www.nzherald.co.nz) More...