Has Air NZ clawed it's way back into consideration?
From the Herald article "Flying high from a hospital pass" Sept 19 2004
Question from Herald hack, CHRIS DANIELS.
(Are you) surprised at the quick turnaround? The sheer speed of the recovery?
Answer from JOHN PALMER chairman of Air New Zealand.
"To be honest, yes. To think we could have made the sort of progress in 2 1/2 years that we have made is not something I would have been betting on at the time."
AIR NZ plans to pay 25-35% of profits (this year $166m) as a dividend in 2005.
Is AIR NZ worth buying?
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