Start-up New Zealand carrier Kiwi Travel International Airlines ended its first ten months of operation to the end of January, with better-than-forecast sales of NZ$13.5 million ($9 million), and profits of NZ$700,000. Kiwi began scheduled international services in August 1995, has carried more than 50,000 passengers between New Zealand and Australia. A public share-flotation is scheduled for September.


Source: Flight International