Wanaka's business and tourism leaders will continue to push
for increased flights to Wanaka Airport despite Air New
Zealand subsidiary Eagle Air cancelling extra scheduled
flights into the resort.
Air New Zealand remained in a healthy financial position and
was expecting an improved profit for the 2012 financial year,
chairman John Palmer said yesterday.
Natural disasters gave national carrier Air New
Zealand its most challenging financial year in a decade - it
has posted a full-year after-tax profit of $81 million, 1%
down on last year.
Air New Zealand's full year normalised earnings before tax
fell 45 percent to $75 million, as the airline took hits from
earthquakes in Christchurch and Japan, and from high fuel
prices.