AIR TRAVEL (N.Z.) RESULT
A fall in revenue of 13 per cent compared with , P r ® vlo . U3 >. ear . because of war conditions, is disclosed In the annual accounts of Air Travel (New Zea.and), Ltd. After allowing for depreciation on aeroplanes and hangars, the year's opera•jo"' rc ; ul '; ed in a profit of £496 compared with £1377 last year. The credit balance in the appropriation account Is £759. of which £137 has been transferred to the taxation reserve and £300 to the insurance reserve. A dividend of 3 per £1 ab f' rb S. 1 ? 5 - is recommended by the directors, leaving a balance of £137 to be LaSt year the divldend was 6
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Auckland Star, Volume LXXIII, Issue 175, 27 July 1942, Page 5
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114AIR TRAVEL (N.Z.) RESULT Auckland Star, Volume LXXIII, Issue 175, 27 July 1942, Page 5
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