Ann: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - February 2015

• Release Date: 17/03/15 14:21
• Summary: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - February 2015
• Price Sensitive: No
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					AIR
17/03/2015 14:21
MONTHLY
PRICE SENSITIVE
REL: 1421 HRS Air New Zealand Limited (NS)

MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - February 2015

CONTENTS

-February market conditions
-Company news
-Operating statistics table (see attached document)

FEBRUARY MARKET CONDITIONS

Air New Zealand carried 1,138,000 passengers during the month of February,
5.0% more than the same period last year. Revenue passenger kilometres (RPKs)
were 11.0% higher on a capacity (ASKs) increase of 11.0%. Group load factor
was unchanged at 83.9%.

Short Haul passenger numbers were up 3.5%, while in the Domestic market
demand (RPKs) and capacity (ASKs) increased by 2.6% and 5.6% respectively.
Domestic load factor was 82.0%, down 2.4 percentage points.

Tasman/Pacific demand (RPKs) increased 5.9% while capacity (ASKs) increased
by 2.7%. Load factor on Tasman/Pacific increased 2.6 percentage points to
86.3%.

Long Haul passenger numbers increased 17.0% when compared to February last
year, with demand (RPKs) up 16.4% and capacity (ASKs) up 17.2%. Load factor
on Long Haul routes was 83.2%, down 0.6 of a percentage point.

On North American/UK routes, demand (RPKs) increased 3.0% with capacity
(ASKs) increasing 4.0%. Load factor was down 0.8 of a percentage point to
82.1%.

Demand (RPKs) increased 45.0% on Asia/Japan routes, with capacity (ASKs)
increasing by 46.7% due to the commencement of flying on the new
Auckland-Singapore route and increased frequencies on the Auckland-Tokyo
route. Load factor decreased 1.0 percentage points to 85.0%.

Group-wide yields for the financial year to date were up 0.6% on the same
period last year. Short Haul yields were up 2.0%, while Long Haul yields were
down 0.8%. Removing the impact of foreign exchange, Group-wide yields were up
2.1%.

COMPANY NEWS

AIR NEW ZEALAND TO LAUNCH APPLE WATCH APP

Air New Zealand will soon become one of the first New Zealand companies to
launch an app for the highly anticipated Apple Watch(TM).

Details of Apple's first wearable device were revealed by Apple Inc. last
week at a launch event in San Francisco.

Air New Zealand customers with the Apple Watch will soon be able to receive
flight information and notifications on their device including boarding
calls, a departure countdown feature and their electronic boarding pass.
Those eligible for lounge access will even be able to order barista made
coffee at some of the airline's lounges straight from their wrist.

Air New Zealand Chief Information Officer Julia Raue says the airline's
developers visited Apple in California during the development of the app.

"We are continually looking at ways to enhance the customer experience and
digital plays a key role in this. Our new Apple Watch app will allow us to
provide real time flight updates to our customers in a unique way. Our
in-house developers visited the team at Apple in California as they created
the app and we're looking forward to introducing it to our customers in the
coming weeks," says Ms Raue.

Air New Zealand's watch app will also feature the popular coffee-ordering
function first introduced on the airline's mobile app in 2014. It
automatically invites customers to order their coffee as they enter the
lounge and alerts the customer when it is ready to be picked up from the
barista station.

Apple has announced the Apple Watch will be available for sale from 24 April
to customers in Australia, Canada, China, France, Germany, Hong Kong, Japan,
the UK and the US. No sale date has yet been announced for New Zealand. Air
New Zealand expects its updated iPhone and Watch app to be available in line
with these release dates.
End CA:00261959 For:AIR    Type:MONTHLY    Time:2015-03-17 14:21:55