AIZ News: Air New Zealand raises first half profit outlook on travel demand - 8th Dec 2022, 8:20am

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(Reuters) - Air New Zealand Ltd on Thursday increased its earnings forecast for the first half of fiscal 2023, helped by strong travel demand across its domestic and international networks and a decline in jet fuel prices.

The increased profit outlook follows a moderation in fuel prices in recent weeks and assumes that the airline will fly about 75% of its pre-COVID capacity levels across the network in December, according to Air New Zealand.

The company now expects earnings before tax and oth...

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