Air New Zealand Ltd
(ASX:AIZ) has released its latest monthly market conditions figures. For the financial year to date, Group-wide yields were down 1.6% compared to the same period last year.
Air New Zealand’s short haul yields were down 1.9%. On the other hand, long haul yields were up 1.9%.
In May 2016, the airline carried 1,071,000 passengers. This was 4.1% higher, compared to the same period last year.
The biggest increase was on Air NZ’s Americas / UK routes, where domestic market demand increased by 11.6%.
Air New Zealand reported a net profit of $316.87 million at 31 December 2015.
