Ann: MONTHLY: AIR: Air New Zealand Investor Update (Ops Stats) - August 2015

• Release Date: 23/09/15 11:03
• Summary: MONTHLY: AIR: Air New Zealand Investor Update (Ops Stats) - August 2015
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					AIR
23/09/2015 11:03
MONTHLY
PRICE SENSITIVE
REL: 1103 HRS Air New Zealand Limited (NS)

MONTHLY: AIR: Air New Zealand Investor Update (Ops Stats) - August 2015

CONTENTS

o August market conditions
o Company news
o Operating statistics table (see attached PDF)

AUGUST MARKET CONDITIONS

Air New Zealand carried 1,126,000 passengers during the month of August, 7.6%
more than the same period last year. Revenue passenger kilometres (RPKs) were
10.7% higher on a capacity (ASKs) increase of 11.1%. Group load factors were
down 0.3 percentage points to 83.3%.

Short Haul passenger numbers were up 6.3%.  In the Domestic market demand
(RPKs) and capacity (ASKs) increased by 9.0% and 8.9%, respectively. Domestic
load factor was 78.2%, up 0.1 percentage points.

Tasman/Pacific demand (RPKs) increased 2.8% while capacity (ASKs) increased
by 0.2%. Load factor on Tasman/Pacific increased 2.1 percentage points to
83.2%.

Long Haul passenger numbers increased 17.9% when compared to August last
year, with demand (RPKs) up 16.2% and capacity (ASKs) up 19.2%. Load factor
on Long Haul routes was 84.9%, down 2.2 percentage points.

On North American/UK routes, demand (RPKs) increased 4.3% with capacity
(ASKs) increasing 8.6%. Load factor was down 3.6 percentage points to 85.2%.

On Asia/Japan/Singapore routes, demand (RPKs) increased 41.9%, with capacity
(ASKs) increasing by 40.7% due to the new Auckland-Singapore route and larger
B787-9 aircraft operating on the Auckland-Shanghai route. Load factor
increased 0.7 percentage points to 84.4%.

Group-wide yields for the financial year to date were down 0.1% on the same
period last year. Short Haul yields were up 0.9% while Long Haul yields were
up 1.6%. Removing the impact of foreign exchange, Group-wide yields were down
2.6%.

COMPANY NEWS

Air New Zealand and Air China launch new alliance route

On 2 September 2015, Air New Zealand and Air China launched joint sales for a
new daily direct service between Auckland and Beijing after receiving
approval from New Zealand Minister of Transport Hon Simon Bridges to form a
strategic alliance.

The alliance between the two national carriers will see air capacity between
Auckland and Mainland China increase by more than 25 percent year round.

Under the alliance Air New Zealand will continue to operate daily between
Auckland and Shanghai and Air China will operate the new service between
Auckland and Beijing. The two carriers will codeshare on each other's
services between New Zealand and China.

The Beijing-Auckland service will begin operating on 10 December this year
and fares will go on sale immediately

Under the alliance Air New Zealand will continue to operate its new Boeing
787-9 Dreamliner aircraft on the Auckland - Shanghai route, offering
customers Business Premier, Premium Economy, Economy Skycouch and Economy
seating. Initially Air China will operate A330-200 aircraft between Auckland
and Beijing which feature Business and Economy cabins.

Air New Zealand launches sustainability framework

Air New Zealand has developed a new sustainability framework which outlines
how we will implement a programme of activity to deliver on the Go Beyond
aspiration to supercharge New Zealand's success socially, environmentally and
economically.

The framework includes two areas within each of these pillars:
o Socially - Our Communities, Our People
o Environmentally - Carbon, Nature and Science
o Economically - Tourism, Trade and Enterprise

The framework outlines priorities for the coming years, key indicators of our
success and a governance layer that will support the programme.

In conjunction with this framework, Air New Zealand has established a
Sustainability Advisory Panel comprising an internationally renowned group of
external subject matter experts, and chaired by Jonathon Porritt, an eminent
writer, broadcaster and commentator on sustainable development.  Air New
Zealand's Chief Executive, Christopher Luxon, and Chief of Flight Operations
and Safety, Captain David Morgan, also sit on the Sustainability Advisory
Panel.

On 16 September 2015, Air New Zealand held a breakfast to launch its new
sustainability framework attended by 480 business, government and community
leaders as well as investors and media.   As part of this launch, Air New
Zealand also released its first Sustainability Report.

This report, along with further details of our sustainability framework can
be viewed on our website:
http://www.airnewzealand.co.nz/sustainability

Ends
End CA:00270585 For:AIR    Type:MONTHLY    Time:2015-09-23 11:03:04