WELLINGTON, June 1 (Reuters) - Air New Zealand (AIR) on Thursday upwardly revised its outlook for 2017, saying it expected earnings before tax to exceed NZ$525 million ($371.81 million).
The airline had said in reporting its half-year results in February that it forecast full-year earnings of NZ$475 million to NZ$525 million.
If the forecast results are met, they would be the airline's second-highest ever after it posted record earnings before tax of NZ$663 million in full-year 2016 thanks to a booming New Zealand economy and record tourism levels.
($1 = 1.4120 New Zealand dollars)
News: AIR Air New Zealand expects earnings to exceed NZ$525 mln in 2017
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