Overview

• The carrier posted earnings before tax of NZ$189 million for the year ended June 30, 2025, down from NZ$222 million but slightly above the Visible Alpha consensus of NZ$178.6 million.
• Net profit after tax was NZ$126 million, compared with NZ$146 million the prior year.
• Reduced aircraft capacity linked to global engine maintenance problems weighed on performance.
• A soft domestic market and elevated costs further pressured results.
• The airline appointed Nikhil Ravishankar as its next chief executive.