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16-Oct-2009 12:40 PM

Airways New Zealand FY2009 revenue up 1.0%, profit down 60%

Airways New Zealand revenue up 1.0% - financial highlights for the 12 months ended 30-Jun-2009:

  • Revenue: USD104.0 million, +1.0% year-on-year;
    • Air Navigation Services: USD90.4 million, -1.4%;
    • International & Tech Ventures: USD13.2 million, +20.6%;
  • Costs: USD98.0 million, +5.1%;
    • Labour: USD64.9 million, +9.0%;
  • Net operating profit after tax: USD5.6 million, -40.1%;
  • Profit after tax: USD3.4 million, -57.1%;
  • Net profit: USD3.2 million, -60.2%. [more]
  • *Based on the conversion rate at USD1 = NZD1.34

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