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

• Release Date: 24/11/15 08:31
• Summary: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - October 2015
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					AIR
24/11/2015 08:31
MONTHLY
PRICE SENSITIVE
REL: 0831 HRS Air New Zealand Limited (NS)

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

Contents
o October market conditions
o Company news
o Operating statistics table

October market conditions
Air New Zealand carried 1,144,000 passengers during the month of October,
4.7% more than the same period last year. Revenue passenger kilometres (RPKs)
were 12.1% higher on a capacity (ASKs) increase of 11.2%. Group load factors
were up 0.8 percentage points to 83.7%.

Short Haul passenger numbers were up 2.5%.  In the Domestic market demand
(RPKs) and capacity (ASKs) increased by 3.8% and 8.8%, respectively.
Domestic load factor was 77.7%, down 3.7 percentage points.

Tasman/Pacific demand (RPKs) increased 1.0% while capacity (ASKs) decreased
by 1.6%. Load factor on Tasman/Pacific increased 2.3 percentage points to
87.3%.

Long Haul passenger numbers increased 24.4% when compared to October last
year, with demand (RPKs) up 22.7% and capacity (ASKs) up 20.5%. Load factor
on Long Haul routes was 83.5%, up 1.4 percentage points.

On North American/UK routes, demand (RPKs) increased 9.6% with capacity
(ASKs) increasing 9.8%. Load factor was down 0.1 percentage points to 82.1%.

On Asia/Japan/Singapore routes, demand (RPKs) increased 48.4%, with capacity
(ASKs) increasing by 41.7% due to the new Auckland-Singapore route and larger
B787-9 aircraft operating on the Auckland-Shanghai route. Load factor
increased 3.9 percentage points to 85.7%.

Group-wide yields for the financial year to date were down 1.5% on the same
period last year. Short Haul yields were down 0.4% while Long Haul yields
were up 0.8%. Removing the impact of foreign exchange, Group-wide yields were
down 4.5%.

Company news

Air New Zealand to fly 787-9 Dreamliner to Honolulu

Air New Zealand will begin flying the Boeing 787-9 Dreamliner to Honolulu
from 10 May 2016, introducing its popular Economy Skycouch and Premium
Economy product and increasing capacity on the route by almost 20% in the
process.

The airline's Boeing 787-9 Dreamliner aircraft will replace Boeing 767-300s
currently operating the route.

Air New Zealand is also retiming its four weekly Auckland - Honolulu return
services from 29 March, moving from a current morning departure out of
Auckland to an evening departure, allowing for better connections in both
directions.

Two million members for Air New Zealand's Airpoints(TM) Programme

New Zealand's most rewarding loyalty programme - Air New Zealand's
Airpoints(TM), has celebrated a major milestone of welcoming its two
millionth member.  The Airpoints programme has been popular with New
Zealanders since it was first introduced in 1989 and now has members in more
than 160 countries across the globe.

The Airpoints programme has grown significantly over the past three years as
the airline has focused on rewarding travellers based on their spend with the
airline and also significantly increasing ways members can earn and spend
their Airpoints Dollars.

Air New Zealand further invests in regional growth with ATR purchase

In early November, Air New Zealand announced the purchase of 15 new ATR72-600
aircraft to operate its regional services.
Four of the new aircraft will allow for further growth on regional Air New
Zealand routes while 11 will replace the airline's ATR72-500 fleet.  The new
aircraft will begin arriving from late 2016.

The addition of four new ATR72-600 aircraft will bring an additional 600,000
seats into the New Zealand regional market annually.

Air New Zealand to fly direct to Vietnam starting June 2016

In mid-November, Air New Zealand announced the expansion of its Pacific Rim
presence with the introduction of New Zealand's first direct service to Ho
Chi Minh City in Vietnam.

Subject to government and regulatory approvals, Air New Zealand will fly
three times a week between Auckland and Ho Chi Minh City's Tan Son Nhat
International Airport on a seasonal basis, operating from June to October in
2016 with the potential to expand the season in subsequent years.  The direct
service will be operated by the airline's Boeing 767-300 aircraft, with a
flight time of around 11 hours.
With the addition of services to Ho Chi Minh City, Air New Zealand will fly
to 30 international destinations.

Air New Zealand is Australasia's top airline for seventh consecutive year

Air New Zealand has been named Australasia's Leading Airline for the seventh
consecutive year at the 2015 World Travel Awards.

The airline also took out the award for Australasia's Leading Airport Lounge
for the Air New Zealand Lounge at Christchurch International Airport for the
third year running.  The awards, now in their 22nd year, recognise travel
organisations that are pushing the boundaries of industry excellence and are
voted for annually by travel and tourism professionals around the world.

END
End CA:00273941 For:AIR    Type:MONTHLY    Time:2015-11-24 08:31:08