AIR air new zealand limited (ns)

Ann: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - June 2014

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    • Release Date: 29/07/14 12:02
    • Summary: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - June 2014
    • Price Sensitive: No
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    					AIR
    29/07/2014 12:02
    MONTHLY
    
    REL: 1202 HRS Air New Zealand Limited (NS)
    
    MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - June 2014
    
    CONTENTS
    
    -June market conditions
    -Company news
    -Operating statistics table (please see attached document)
    
    JUNE MARKET CONDITIONS
    
    Air New Zealand carried 1,242,000 passengers during the month of June, 2.5%
    more than the same period last year. Revenue passenger kilometres (RPKs)
    increased 3.6% on a capacity (ASKs) increase of 4.5%. Group load factor was
    82.5%, down 0.8 of a percentage point.
    
    The Short Haul passenger numbers were up 2.3%, with demand (RPKs) increasing
    in the Domestic market by 2.4%, while capacity increased by 8.8%. Domestic
    load factor was down 4.8 percentage points to 78.3%.
    
    Tasman/Pacific demand (RPKs) increased 2.8% while capacity (ASKs) increased
    by 3.8%. Load factor on Tasman/Pacific was down 0.8 of a percentage point to
    81.6%.
    
    Long Haul passenger numbers increased 4.3% compared to June last year, with
    demand (RPKs) and capacity (ASKs) up 4.3% and 3.7% respectively. Load factor
    increased by 0.5 of a percentage point to 84.3%.
    
    On North America/UK routes, demand (RPKs) decreased 0.4% with capacity (ASKs)
    increasing by 1.0%. Load factor decreased 1.2 percentage points to 88.6%.
    
    Demand (RPKs) was up 17.1% on Asia/Japan/UK routes, with capacity (ASKs)
    increasing by 9.5%. Load factor increased 5.0 percentage points to 75.9%.
    
    Group-wide yields for the financial year to date were up 1.0% on the same
    period last year. Short Haul yields were up 0.3%, while Long Haul yields were
    up 0.9%. Removing the impact of foreign exchange, Group-wide yields were up
    3.3%.
    
    In June, 88.1% of Air New Zealand's Domestic Jet flights departed within 10
    minutes of scheduled departure time.
    
    COMPANY NEWS
    
    AIR NEW ZEALAND'S NEW 787-9 TOUCHES DOWN IN AUCKLAND
    
    On 11 July 2014 Air New Zealand's first Boeing 787-9 aircraft landed in
    Auckland following a successful delivery flight from Seattle.
    
    Chief Flight Operations and Safety Officer, Captain David Morgan, was on deck
    for the delivery flight and said it was a proud moment to see the aircraft,
    displaying the Koru and New Zealand fern touch down at its new Auckland hub.
    
    "Being on the flight deck on the delivery flight of this magnificent 787-9
    aircraft to Air New Zealand has been a career highlight. Like the Boeing
    747-400 in the 1980s this aircraft really is a game changer for the airline
    and our customers," Captain Morgan says.
    
    This aircraft, with the tail registration ZK-NZE, is the first of 10 787-9
    Dreamliners to join Air New Zealand's fleet. The aircraft will operate its
    first scheduled commercial route between Auckland and Perth in October,
    followed by services to Shanghai and Tokyo later this year.
    
    AIR NEW ZEALAND CUSTOMERS ENJOY GATE-TO-GATE USE OF ELECTRONIC DEVICES
    
    Air New Zealand customers are some of the first in the Asia Pacific region to
    be able to use their handheld portable electronic devices in non-transmitting
    mode for the entire duration of their flights, following approval from the
    New Zealand Civil Aviation Authority.
    
    Since 16 July 2014 the airline has been able to allow the use of handheld
    portable electronic devices including tablets, smartphones, e-readers and mp3
    players during all phases of flight provided the devices are in flight mode.
    Previously customers could not use their devices during the taxi, take-off
    and landing phases of flight.
    
    Initially this option is available to customers travelling on domestic and
    international services operated by Airbus A320 and Boeing 787-9, 777-200 and
    777-300 aircraft with plans to include Air New Zealand's regional turbo prop
    and Boeing 767-300 fleets over time, subject to regulatory approval.
    End CA:00253217 For:AIR    Type:MONTHLY    Time:2014-07-29 12:02:41
    				
 
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