Air New Zealand is expected to hold an up-beat annual meeting in Auckland 7th Oct. 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 from Jetstar, which is expanding its regional presence in this country, and other small airlines.
The airline is also facing the possibility of more competition across the Pacific as American Airlines investigates the viability of direct Auckland-United States flights.
–NZ Herald 7.10.2015.