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- Release Date: 22/02/13 13:58
- Summary: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - January 2013
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AIR
22/02/2013 11:58
MONTHLY
REL: 1158 HRS Air New Zealand Limited (NS)
MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - January 2013
CONTENTS
-January market conditions
-Company news
-Operating statistics table (see attached document)
JANUARY MARKET CONDITIONS
Air New Zealand carried 1,010,000 passengers during the month of January,
3.1% more than the same period last year. Revenue passenger kilometres (RPKs)
increased 2.2% on a capacity (ASKs) increase of 1.2%. Group load factor was
87.2%, up 0.9 of a percentage point.
Short Haul passenger numbers were up 4.2% on the same period last year.
Demand (RPKs) increased in the Domestic market by 5.4%, while capacity
increased 5.7%. Domestic load factor was down 0.2 of a percentage point to
83.6%.
Tasman/Pacific demand (RPKs) increased 7.4%, with capacity (ASKs) increasing
7.9%, driven by the introduction of B777 aircraft on the Auckland-Perth route
and increased frequency on the Auckland-Honolulu route. Load factor for
Tasman/Pacific was down 0.4 percentage points to 86.6%.
Long Haul passenger numbers decreased 3.3% compared to January last year,
with decreases in capacity (ASKs) and demand (RPKs) of 2.9% and 0.9%
respectively. Load factor increased by 1.8 percentage points to 88.3%.
On North America/UK routes, demand (RPKs) increased 4.2% with capacity (ASKs)
increasing by 1.6%. Load factor increased 2.3 percentage points on the
previous year to 91.5%.
Demand (RPKs) was down 8.3% on Asia/Japan/UK routes, with capacity (ASKs)
decreasing by 9.1% due to consolidation of China flying onto the Shanghai
route and reduced frequency on the Auckland-Hong Kong route. Load factor
increased 0.7 of a percentage point to 83.5%.
Group-wide yields for the financial year to date were up 1.3% on the same
period last year. Short Haul yields were down 1.7%, while Long Haul yields
were up 5.0%. Removing the impact of foreign exchange, Group-wide yields were
up 1.9%.
In January, 85.05% of Air New Zealand's Domestic flights departed within 10
minutes of scheduled departure time.
COMPANY NEWS
Excessive Wellington Airport profit confirmed
Air New Zealand welcomes the Commerce Commission's report on Wellington
Airport which confirms that WIAL earns excessive profit through an
unreasonable charging regime.
The Commerce Commission estimates that under the current regime Wellington
Airport will receive up to $69 million in excess revenue over the next five
years.
Air New Zealand is committed to reducing airfares into and out of Wellington
as soon as a more reasonable charging system is implemented.
Now the report is final, Air New Zealand looks forward to working
cooperatively with the Government to help develop a swift and enduring
solution to this long-running industry issue.
End CA:00233329 For:AIR Type:MONTHLY Time:2013-02-22 11:58:30
