Air NZ's new CEO Luxon sees profit in kiwis heading to the US

Air NZ's new CEO Luxon sees profit in kiwis heading to the US
By Hannah Lynch June 19 (BusinessDesk) - Air New Zealand's new chief executive sees profit in kiwis heading to the US as the airliner targets a $110 million lift in earnings from its long-haul services by 2015. The airline, slated for a government selldown, named Christopher Luxon as chief executive this morning. Luxon is currently the airline’s general manager for international and will replace Rob Fyfe at the end of the year. In February, the airline announced a series of initiatives to improve profitability after first-half earnings fel...