Air New Zealand, which received ATW's Phoenix Award in Washington Tuesday evening, posted a net profit after tax of NZ$102 million ($73.6 million) for the six months ended Dec. 31, a 2.9% decrease compared to a net profit of NZ$105 million in the year-ago period. ANZ Chairman John Palmer described the result as "solid" given the tough environment the carrier faces. "The financial turnaround of ANZ has been faster than anticipated, especially in an industry that remains threatened by ...

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