Air New Zealand's massive profit

The company has just revealed it pushed up pre-tax normalised earnings a massive 49 per cent to report $496 million for the 2015 financial year. Statutory earnings before taxation were $474 million and statutory net profit after tax was $327 million, up a massive 24 per cent. Chief executive Christopher Luxon said the record result was due to "enhancing the customer experience and further developing the airline's people and culture" which he said had resulted in "a terrific 2015 financial year across all three of these commitments."