Bonus for Air New Zealand staff following record profit - TravelMole


Bonus for Air New Zealand staff following record profit

Saturday, 30 Aug, 2016 0

Air New Zealand staff are to receive bonuses of up to NZ$2,500 (£1,382) after the airline saw its profits rocket 42% to a record $463 million.

A total of 8,200 employees will receive the payout, which is higher than last year when the maximum received was $1,400.

The New Zealand government, which owns just over 50% of the airline, will also receive $260 million in dividends.

The airline announced last week that it will spend more than £55 million increasing the number of premium seats on its Boeing 787-9 Dreamliners and refurbishing its Boeing 777-300s.

Chief executive Christopher Luxon said: "These are the best results ever in our 76-year history and I am extremely proud of the airline’s achievements, our people and the contribution we make to supercharging New Zealand’s success."



 

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Linsey McNeill

Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk



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