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AIR NEW ZEALAND: To Release Half-Year Result by Feb. 29
Air New Zealand Limited informed the New Zealand Stock Exchange in a regulatory filing that its results for the six months ended Dec. 31 2007, will be released prior to the market opening on Feb. 29, 2008.
For the year ended June 30, 2007, the carrier booked a profit of NZ$268 million before unusuals and tax, an increase of 79% on the previous year.
In another regulatory filing, ANZ said it will announce a new domestic pricing strategy at a media briefing at on Friday, Jan. 25.
Based in Auckland, New Zealand, Air New Zealand Ltd is the country's flag air carrier, with domestic and international passenger and freight operations, and an aviation engineering business. Air New Zealand flies to the United States, United Kingdom, Canada, Europe and other Asian cities.
Moody's Investors Service, on Sept. 4, 2007, affirmed Air New Zealand Limited's Ba1 senior unsecured issuer rating. At the same time, it has changed the outlook on the rating to positive from stable.
ANZ carries Standard & Poor's Ratings Services' 'BB' corporate credit rating, with stable outlook.
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