Air New Zealand sees rise in cargo revenues

Carrier has inducted B777-300s with more cargo capacity in its long haul routes

Air New Zealand B777-300 cargo revenues high cargo volumes New Zealand-UK routes New Zealand-US profit Rob Fyfe

Air New Zealand recently announced that it had posted a profit of $56.9 million (NZ $71 million) for the year to June, lower than last year’s profit of NZ$81 million. The carrier has seen its cargo revenues rising 8.7 per cent along with growth in volume and yield. 

According to chief executive Rob Fyfe, five B777-300s with 40 per cent more cargo capacity have been inducted in the fleet replacing five Boeing 747s. These aircraft fly on the New Zealand-US and UK routes that have high volumes of cargo.