The airline lost 59-million dollars before tax in the six months to December 31 - a net loss of 40-million-dollars after tax.
CE Nikhil Ravishankar says it's a tough result but not an unexpected one.
He denies the ACT party leader's concerns 'greenwashing' projects are soaking-up funds.
Ravishankar says despite what it might look like from the outside, he can assure people his company isn't getting distracted by environmental related strategies.
