Originally Posted by
Beagle
Nothing wrong with operating stat's, sound. Its all about yield per RPK and its a tale of two halves. 2H yield dramatically better than first half when 10 new entrants launched new services into N.Z. First half profit speaks for itself and second half will shortly too and we're already into 1HFY18 lapping the same period in IHFY 17 when yields were artificially low due to 10 new entrants launching opening specials for months on end at unsustainably low prices. Expecting minimum of $575m profit before tax for FY17 and outlook is very sound indeed, no worries.