Air New Zealand earned NZ$180 million ($125.6 million) in its fiscal year ended June 30, up 8% over income of NZ$166.2 million in FY04, and Chairman John Palmer flagged that the airline is carrying on "a comprehensive review" of its engineering business, some parts of which are "financially underperforming." Profit before unusuals and tax was NZ$235 million, down 3% from NZ$243 million last year. Group operating revenue rose 3% to NZ$3.62 billion. EBIT declined 9.8% to NZ$212 million from ...

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