Contents
o January market conditions
o Company news
o Operating statistics table
January market conditions
Air New Zealand carried 1,182,000 passengers during the month of January, an
increase of 3.9% compared to the same period last year. Revenue passenger
kilometres (RPKs) were 3.3% higher on a capacity (ASKs) increase of 6.6%.
Group load factors were down 2.6 percentage points overall to 82.6%.
Short Haul passenger numbers increased 3.9%. In the Domestic market demand
(RPKs) increased by 7.3%, with capacity (ASKs) increasing by 10.3%, due to
increased services on Auckland - Queenstown and the main trunk routes, as
well as growth on the regional routes resulting from up-gauging to larger
aircraft. Domestic load factor decreased 2.1 percentage points to 79.2%.
Tasman/Pacific demand (RPKs) increased 1.6% while capacity (ASKs) increased
by 7.0%, reflecting growth on several Pacific Island routes as well as
Australia, and up-gauging to larger aircraft. Load factor on Tasman/Pacific
decreased 4.1 percentage points to 78.7%.
Long Haul passenger numbers increased 3.4% when compared to January last
year, with demand (RPKs) up 3.3% and capacity (ASKs) up 5.6%. Load factor on
Long Haul routes was 85.4%, down 1.9 percentage points.
On Americas/UK routes, demand (RPKs) decreased by 0.7%, with capacity (ASKs)
decreasing 1.2% due to reduced frequency on the Auckland-Los Angeles and
Auckland-San Francisco routes, partially offset by increased services to
Houston and Buenos Aires. Load factor increased 0.4 percentage points to
86.9%.
On Asia/Japan/Singapore routes, demand (RPKs) increased 10.8%, with capacity
(ASKs) increasing by 18.6%, reflecting additional frequency to Shanghai over
the Chinese New Year holiday and the new seasonal service between Auckland
and Osaka. Load factor, although still strong at 83.0%, decreased 5.8
percentage points.
For the financial year to date, Short Haul passenger revenue per ASK (RASK)*
decreased 6.4% while Long Haul RASK* decreased 14.1%. Removing the impact of
foreign exchange, Group-wide RASK* decreased 8.9%, and Group-wide yields for
the financial year to date decreased 7.3% on the same period last year.
* Air New Zealand''s operating statistics will provide Passenger revenue per
ASK, or RASK, going forward as a key metric of revenue performance. RASK is
defined as passenger revenue for the period divided by the total ASKs for the
period; compared to yield which represents the passenger revenue per
passenger kilometre flown.
Company news
2017 Interim Results
Air New Zealand''s 2017 interim results will be announced on Thursday 23
February 2017.
A conference call for investors and analysts will be hosted by Christopher
Luxon (Chief Executive Officer) and Rob McDonald (Chief Financial Officer) at
11:00am NZST and can be accessed in the following ways:
o Live via webcast: Click here for link to the analyst webcast.
o Live via telephone (for "listen-only" participants and those who would like
to ask a question):
Conference ID: 356705
New Zealand Toll Free: 0800 453 055
NZ Local (Auckland): 09 929 1687
NZ Local (Wellington): 04 974 7738
NZ Local (Christchurch): 03 974 2632
Australia Toll Free: 1 800 558 698
Alternate Australia Toll Free: 1 800 809 971
Australia Local: 02 9007 3187
United States: (855) 881 1339
United Kingdom: 0800 051 8245
China Wide: 4001 200 659
Hong Kong: 800 966 806
Japan: 0053 116 1281
Singapore: 800 101 2785
o Replay via webcast - a replay will be available afterwards and can be
accessed through the "Results Centre" link on the Investor Centre section of
Air New Zealand''s website:
https://www.airnewzealand.co.nz/investor-centre
Major milestones for Air New Zealand''s mobile app
Air New Zealand''s mobile app is proving a hit with customers, clocking up its
one millionth user download in January. At the same time, the app''s popular
coffee ordering function registered its two millionth coffee order.
Air New Zealand Chief Digital Officer Avi Golan says a million downloads is
an important milestone for the airline which is very focused on delivering
great mobile experiences for customers.
"We first launched our mobile platform in 2008, then relaunched in 2013 with
enhanced functionality, and have continued to add new features as we build up
its functionality.
"Customer satisfaction with the app is high. Customers who participated in
research groups told us they use it almost every time they fly with us, with
many commenting about how it makes travel easier," Mr Golan says.
Air New Zealand''s mobile app offers a range of features to enhance the
check-in, lounge, and boarding experiences for customers, including the
ability to check-in for flights, manage bookings on the go, track
Airpoints(TM) balances and receive real-time flight information.
Mr Golan says customers can look forward to the airline continuing to evolve
and develop the apps it offers to further enhance their travel experience -
not only to manage their bookings and at the airport on the day of travel,
but also earlier in the dreaming and planning phase.
Ends.
End CA:00297035 For:AIR Type:MONTHLY Time:2017-02-20 09:47:27