Air New Zealand has reported a pre-tax loss of NZ$725 million ($450m) for the year ended June 30, 2022 (FY22). Its financial statements, released yesterday, show a net loss of NZ$591 Million ($366m), more than double last year's net loss of NZ$292 million ($181m). The statutory loss was NZ$810 million ($502m), compared to NZ$415 million ($257m) last year. Operating revenue increased by 9% over FY21, reaching NZ$2.7 billion ($1.67b), driven by gains in air cargo activity.
Read More Here: Air New Zealand 2022 FY Revenues Up 9% But Losses Double | SimpleFlying.com
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