AIR air new zealand limited (ns)

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

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    • Release Date: 23/10/14 15:26
    • Summary: MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - September 2014
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    					AIR
    23/10/2014 15:26
    MONTHLY
    
    REL: 1526 HRS Air New Zealand Limited (NS)
    
    MONTHLY: AIR: Air New Zealand Investor Update (Op Stats) - September 2014
    
    - September market conditions
    - Company news
    - Fuel hedge disclosure
    - Operating statistics table (see attached document)
    
    September market conditions
    Air New Zealand carried 1,330,000 passengers during the month of September,
    2.6% more than the same period last year. Revenue passenger kilometres (RPKs)
    were 1.2% higher on a capacity (ASKs) increase of 1%. Group load factor was
    84.3 %, up 0.2 of a percentage point.
    
    Short Haul passenger numbers were up 3.1%, with demand (RPKs) increasing in
    the Domestic market by 4.4%, while capacity increased by 4.1%. Domestic load
    factor was 79.7%, an increase of 0.2 of a percentage point.
    
    Tasman/Pacific demand (RPKs) increased 3.5% while capacity (ASKs) increased
    by 2.6%. Load factor on Tasman/Pacific increased 0.8 of a percentage point to
    82.8%.
    
    Long Haul passenger numbers decreased 1.5% when compared to September last
    year, with demand (RPKs) down 1% and capacity (ASKs) down 0.9 percentage
    points. Load factor was 86.8%, down 0.1 of a percentage point.
    
    On North American/UK routes, demand (RPKs) decreased 3.2% with capacity
    (ASKs) decreasing 0.8%. Load factor was down 2.2 percentage points to 89.4%.
    
    Demand (RPKs) increased 4.1% on Asia/Japan routes, with capacity (ASKs)
    decreasing by 1.2%. Load factor increased 4.1 percentage points to 81.5%.
    
    Group-wide yields for the financial year to date were up 1.4% on the same
    period last year. Short Haul yields were up 1.8%, while Long Haul yields were
    down slightly by 0.1%. Removing the impact of foreign exchange, Group-wide
    yields were up 3.9%.
    
    Company news
    Air New Zealand flies high after double win at World Travel Awards
    Air New Zealand has been named Australasia's Leading Airline at the 2014
    World Travel Awards for the sixth year in a row.
    The airline was also awarded Australasia's Leading Airport Lounge for the Air
    New Zealand Lounge at Christchurch International Airport for the second year
    in a row.
    The annual awards, voted by travel and tourism professionals across the
    globe, recognise the airline's continuing excellence over the past 12 months.
    
    Air New Zealand General Manager Customer Experience Carrie Hurihanganui says
    the awards reflect the airline's commitment to ensure a seamless customer
    journey.
    "We've placed strong emphasis on enhancing the customer experience at every
    touch point in the customer journey.  It's fantastic to have this work
    recognised by these awards which are testament to the efforts of our staff
    who work incredibly hard to deliver our unique Kiwi service every day," says
    Ms Hurihanganui.
    Fuel hedge disclosure
    As a result of the recent fuel price volatility Air New Zealand has made some
    changes to the structure of its fuel hedges and have brought forward our
    quarterly fuel hedge disclosure to this month.
    End CA:00256761 For:AIR    Type:MONTHLY    Time:2014-10-23 15:26:32
    				
 
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