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Bonus for Air New Zealand staff following record profit

Tuesday, 30 August 20163 min read

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."