- Release Date: 25/07/13 13:25
- Summary: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - June 2013
- Price Sensitive: No
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AIR 25/07/2013 11:25 MONTHLY REL: 1125 HRS Air New Zealand Limited (NS) MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - June 2013 CONTENTS -June market conditions -Company news -Operating statistics table (please see attached document) JUNE MARKET CONDITIONS Air New Zealand carried 1,178,000 passengers during the month of June, 1.8% more than the same period last year. Revenue passenger kilometres (RPKs) decreased 2.5% on a capacity (ASKs) decrease of 2.1%. Group load factor was 83.3%, down 0.3 of a percentage point. Short Haul passenger numbers were up 3.1% on the same period last year. Demand (RPKs) increased in the Domestic market by 5.7%, while capacity increased 0.2%. Domestic load factor was up 4.2 percentage points to 83.1%. Tasman/Pacific demand (RPKs) increased 2.0%, with capacity (ASKs) increasing 3.6%, reflecting the additional frequency on Auckland-Honolulu and the up-gauge to a B777 aircraft on Auckland-Perth. Load factor for Tasman/Pacific was down 1.2 percentage points to 82.4%. Long Haul passenger numbers decreased 7.2% compared to June last year, with demand (RPKs) down 6.9% while capacity decreased 5.7%. Load factor decreased by 1.1 percentage points to 83.8%. On North America/UK routes, demand (RPKs) increased 13.0% with capacity (ASKs) increasing by 13.0%. Load factor remained static on the previous year at 89.8%. Demand (RPKs) was down 37.2% on Asia/Japan/UK routes, with capacity (ASKs) decreasing by 30.7% as a result of the consolidation of China flying onto Shanghai and the withdrawal of Hong Kong-London flights. Load factor decreased 7.3 percentage points to 70.9%. Group-wide yields for the financial year to date were up 0.9% on the same period last year. Short Haul yields were down 2.3%, while Long Haul yields were up 4.3%. Removing the impact of foreign exchange, Group-wide yields were up 2.0%. In June, 79.0% of Air New Zealand's Domestic flights departed within 10 minutes of scheduled departure time. COMPANY NEWS DRAFT ACCC DECISION ON VIRGIN AUSTRALIA ALLIANCE Air New Zealand welcomes the ACCC's draft determination to reauthorise the Air New Zealand and Virgin Australia trans-Tasman alliance for three years. Air New Zealand will now engage with the ACCC as it considers submissions before finalising its decision over the coming weeks. The airline considers that in the current market structure, capacity conditions are not necessary to maintain strong competition in the trans-Tasman market and will work with the ACCC to understand its rationale for requiring such conditions and the limited three year authorisation period. In the two years since the alliance became operational it has delivered benefits to tourism and business in the form of more flight capacity, more frequency, new routes, better scheduling and service quality while maintaining competitive pricing. NEW PARAPARAUMU-CHRISTCHURCH SERVICE ANNOUNCED Air New Zealand is expanding its services to and from the Kapiti Coast, with a new daily direct service between Paraparaumu and Christchurch from November and a special early bird fare to celebrate. The new service will be operated by Air New Zealand subsidiary Air Nelson and provide more than 36,000 direct seats per year between the two regions. Air New Zealand is offering a special launch fare of $59 one way for travel until 18 December. AIR NEW ZEALAND TEAMS UP WITH THE SAN FRANCISCO GIANTS San Francisco Giants fans were treated to a uniquely Kiwi experience at last Friday night's home game against the Diamondbacks with Air New Zealand staging a 'take over' of AT&T Park including a cultural and sporting exchange with four All Blacks players. Several World Champion All Blacks met up on the field with some World Series Champion Giants players prior to the official game day batting practice. The Giants were taught some rugby tips and tricks before the All Blacks stood at home plate and faced off against some of the Giants' world class pitchers. The Giants also partnered with Air New Zealand to challenge their fans to jump onto Twitter and explain why they should by chosen to be transported directly from AT&T Park on Friday night and onto a direct Air New Zealand flight to Auckland for a 'Giant New Zealand Weekend.' End CA:00238964 For:AIR Type:MONTHLY Time:2013-07-25 11:25:47
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