Air New Zealand passengers rise across globe

Company News

by Jessica Amir

Air New Zealand (ASX:AIZ) has seen a rise of 6 per cent in its total passenger numbers, this financial year to date, with passengers rising across all of its region.

The most growth this 2018 finanical year has came from domestic passengers, following by short haul flights, and Tasman/Pacific flights.

America and the UK have seen the least passenger growth.

And despite its 787-9 fleet experiencing delays and cancellations amid Rolls Royce engine maintenance issues, all metrics rose at a group level, while its passenger load factor dipped 0.7 per cent, compared to the prior corresponding period.

Despite the good news, Air New Zealand (ASX:AIZ) are trading almost 2 per cent lower to $2.97.
 

Jessica Amir

Finance News Network
Jessica is the head of news and a senior finance journalist and presents bulletins including the Market Outlook, Market at Midday and Market Wrap. She also interviews ASX CEOs and leading fund managers. She joined FNN in January 2017 with over six years of broadcast journalism experience including with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for Prime 7 and WIN News. Jessica has worked in financial planning for over six years with leading wealth managers and in real estate.