Norris Ready for Take Off

Ralph Norris is leaving the helm at Air NZ to return to banking as managing director and CEO of Australia’s Commonwealth Bank. Norris is credited with turning Air NZ’s fortunes around. “Air NZ’s financial position has never been stronger, with good liquidity and one of the best balance sheets in the industry,” says Air NZ chairman, John Palmer. “Internationally, Air NZ is recognised as one of the recent success stories of the airline industry.” Sydney Morning Herald: “Still, you could do worse than a Kiwi. They know everything. As they keep telling us.”