Air New Zealand: Air NZ fly into calmer air as passengers increase
February 3rd, 2010
Air NZ is winning the battle over falling demand, managing to slow the decline in passenger numbers in November, amid signs of rising demand on North American and domestic routes. It carried 951,000 passengers, down 0.6% on the same month last year. Short haul passenger numbers decreased 0.2% compared with November last year. In the domestic market, demand rose by 4.3% compared with the same period last year. Long haul passenger numbers decreased by 3.1% on November last year. Capacity on the Asia/Japan/ Britain routes was reduced 18.2% in response to a 12.9% decline in demand.
Air NZ’s load factors across all operations rose by 5.4 percentage points in November on the back of a 10.2% cut in capacity which countered the impact of a 3.7% fall in demand. Tasman/Pacific capacity was cut 17.4% as the airline switched to smaller aircraft, reduced frequencies on some sectors and withdrew trans-Tasman flights from Hamilton and Dunedin. This resulted in the average load factor increasing by 8.8 percentage points to 79.9%. Average domestic load factors rose to 77.5% as capacity was trimmed 3%. Long haul load factors increased 4.9 percentage points to 80.5%.
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