Manila Bulletin
September 27, 2010
WELLINGTON - National carrier Air New Zealand is optimistic its operating earnings would improve in 2011, as the global airline industry was showing signs of recovery.
While the company's earnings will still sensitive to economic conditions and costs such as fuel, the company predicted operating earnings would rise in the year to June 2011, Air New Zealand Chairman John Palmer said in speech notes prepared for the annual shareholders meeting.
The company would increase capacity across its network in the coming year, Mr Palmer said.
Air New Zealand also said it would continue to look at opportunities across its network to partner with other airlines.
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