Loyalty NZ profit reaches record as kiwis chase Fly Buys points

Loyalty NZ profit reaches record as kiwis chase Fly Buys points
Sept. 10 (BusinessDesk) - Loyalty New Zealand, which operates the Fly Buys loyalty programme used by companies including Air New Zealand, posted a 64 percent gain in annual profit to a record as more kiwis chased points offered by its vendors. Profit climbed to $2.7 million in the 12 months ended March 31, from $1.66 million a year earlier, according to the Wellington-based company's annual report. Sales rose to about $82 million from $79 million. Fly Buys can be earned at 52 businesses, with points redeemed for gifts or discounts. Member...