Air New Zealand, the airline slated for a selldown by its government owner, has reiterated its target for full-year earnings to more than double, driven by a rebound in the first six months of the year. The shares rose after the announcement. The Auckland-based company first gave the forecast with the release in late August of its full-year results, saying …

Foreign Affairs Minister Murray McCully announced Carolyn Burns, Tony O’Brien and Rob Fyfe will join Antarctica New Zealand’s management board. Professor Burns, a marine science expert, and Mr O’Brien, a media relations specialist, will begin their terms immediately. Mr Fyfe’s term will commence on 1 February 2013, once he steps down as CEO of Air New Zealand. Tenby Powell, a founder …

Rangatira, the Wellington-based investor that is adding the Rainbow’s End theme park to its portfolio, reported a 39 percent decline in first-half earnings, reflecting the ‘lumpy’ timing of work at its half-owned Contract Resources. Profit fell to $3 million in the six months ended Sept. 30, from $4.4 million a year earlier, the company said in a statement. It kept …