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Cullen On Air New Zealand Result

8 March 2002

Finance Minister Michael Cullen said the Air New Zealand half year result was broadly in line with expectations.

“The government insisted as a condition of last year’s rescue package that the company develop a credible plan to return to financial health.

“That strategy is still only in the very early stages of implementation and will take a little while to deliver results,” Dr Cullen said.

Ends

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