Air New Zealand down ahead of profit report; China Airlines divests Yangtze River Express stake
Shares in Air New Zealand slipped 0.8% yesterday, ahead of the expected release of the carrier’s financial results tomorrow (26-Aug-2010). Analysts expect the carrier to report a much-reduced underlying profit in the 12 months to Jun-2010, on reduced revenue levels, although the outlook for 2012 is expected to improve notably.
