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 a senior finance journalist and presents the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.