AIR air new zealand limited (ns)

WELLINGTON, June 20 (Reuters) - Air New Zealand (AIR) said on...

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    WELLINGTON, June 20 (Reuters) - Air New Zealand (AIR) said on Tuesday that it had signed four contracts with the United States Navy worth up to $42 million to service its fleet's gas turbine engines.

    The airline said in a statement to the New Zealand stock exchange that its Auckland-based gas turbine repair unit would provide maintenance and servicing of the U.S. Navy's engines over the next few years.

    Chief Operations Officer Bruce Patton said that the contract was a "important win for the airline" and that it had taken part in a competitive bidding process for the contracts.

 
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