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 joined FNN in January 2017 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She has been a journalist with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for regional Channel 7 and 9. She also previously worked as a financial planner and real estate agent.