AIR air new zealand limited (ns)

Ann: MONTHLY: AIR: Investor Update (Op Stats) - December 2015

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    • Release Date: 28/01/16 09:01
    • Summary: MONTHLY: AIR: Investor Update (Op Stats) - December 2015
    • Price Sensitive: No
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    					AIR
    28/01/2016 09:01
    MONTHLY
    PRICE SENSITIVE
    REL: 0901 HRS Air New Zealand Limited (NS)
    
    MONTHLY: AIR: Investor Update (Op Stats) - December 2015
    
    Contents
    o December market conditions
    o Company news
    o Operating statistics table
    
    December market conditions
    
    Air New Zealand carried 1,514,000 passengers during the month of December,
    5.8% more than the same period last year. Revenue passenger kilometres (RPKs)
    were 18.1% higher on a capacity (ASKs) increase of 18.3%. Group load factors
    were down 0.1 percentage points to 85.0%.
    
    Short Haul passenger numbers were up 2.8%.  In the Domestic market demand
    (RPKs) and capacity (ASKs) increased by 4.7% and 6.1%, respectively.
    Domestic load factor was 82.5%, down 1.1 percentage points.
    
    Tasman/Pacific demand (RPKs) increased 6.8% while capacity (ASKs) increased
    by 10.7%. Load factor on Tasman/Pacific decreased 2.9 percentage points to
    81.1%.
    
    Long Haul passenger numbers increased 28.8% when compared to December last
    year, with demand (RPKs) up 28.4% and capacity (ASKs) up 26.3%. Load factor
    on Long Haul routes was 87.6%, up 1.5 percentage points.
    
    On Americas/UK routes, demand (RPKs) increased 21.8% with capacity (ASKs)
    increasing 24.0% due to the new Auckland-Houston and Auckland-Buenos Aires
    routes. Load factor was down 1.6 percentage points to 85.2%.
    
    On Asia/Japan/Singapore routes, demand (RPKs) increased 41.2%, with capacity
    (ASKs) increasing by 30.5% due to the new Auckland-Singapore route and larger
    B787-9 aircraft operating on the Auckland-Narita route. Load factor increased
    7.0 percentage points to 91.9%.
    
    Group-wide yields for the financial year to date were down 1.1% on the same
    period last year. Short Haul yields were down 0.5% while Long Haul yields
    were up 2.0%. Removing the impact of foreign exchange, Group-wide yields were
    down 4.6%.
    
    Company news
    
    Air New Zealand touches down in Texas
    
    On December 16th, Air New Zealand's inaugural flight between Auckland and
    Houston arrived at Houston's George Bush Intercontinental Airport.
    
    Passengers on-board, including Minister of Economic Development Steven Joyce
    and US Ambassador to New Zealand Mark Gilbert, were welcomed to Houston with
    a performance on the tarmac by a kapa haka group made up of Air New Zealand
    staff.
    
    Air New Zealand Chief Executive Officer Christopher Luxon says the
    operational launch of the airline's new Houston service, its fifth to North
    America, was a great way to end 2015.
    
     "We are committed to continuing to expand our Pacific Rim network and are
    excited to give our customers direct access to Houston and beyond."
    
    December was a busy month for the airline which has also operated its first
    scheduled South American service to Buenos Aires and celebrated the launch of
    its alliance with Air China with an inaugural Auckland - Beijing service -
    and November announced a new seasonal service to Ho Chi Minh City, Vietnam.
    End CA:00276898 For:AIR    Type:MONTHLY    Time:2016-01-28 09:01:02
    				
 
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