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Air New Zealand Ltd (AIR.NZ)

AIR.NZ on New Zealand Stock Exchange

2.87NZD
12 Nov 2019
Change (% chg)

$-0.01 (-0.52%)
Prev Close
$2.88
Open
$2.88
Day's High
$2.88
Day's Low
$2.86
Volume
156,169
Avg. Vol
725,902
52-wk High
$3.32
52-wk Low
$2.23

Latest Key Developments (Source: Significant Developments)

Boeing Says Co, Air New Zealand Finalize Order For Eight 787-10 Dreamliner Jets
Wednesday, 25 Sep 2019 

Sept 25 (Reuters) - Boeing ::AND AIR NEW ZEALAND FINALIZE ORDER FOR EIGHT 787-10 DREAMLINER JETS.CO AND AIR NEW ZEALAND FINALIZED AN ORDER FOR EIGHT 787-10 DREAMLINER AIRPLANES VALUED AT $2.7 BILLION AT LIST PRICES.AIRPLANE DEAL INCLUDES OPTIONS TO INCREASE NUMBER OF AIRCRAFT FROM EIGHT UP TO 20.DEAL INCLUDES SUBSTITUTION RIGHTS THAT ALLOW SWITCH FROM LARGER 787-10 TO SMALLER 787-9S, OR COMBINATION OF TWO MODELS FOR FUTURE FLEET.  Full Article

Air New Zealand Supports Industry's Target Of 1.5% Annual Avg Fuel-Efficiency Improvement (2009-2020)
Wednesday, 25 Sep 2019 

Sept 25 (Reuters) - Air New Zealand Ltd ::SUPPORT INDUSTRY’S TARGET OF 1.5% ANNUAL AVERAGE FUEL-EFFICIENCY IMPROVEMENT (2009-2020).ALSO SUPPORTS CARBON-NEUTRAL GROWTH FROM 2020 & HALVING 2005 EMISSIONS BY 2050.  Full Article

Air New Zealand Says Offering Discounted Airfares To Affected Jetstar Customers
Wednesday, 25 Sep 2019 

Sept 25 (Reuters) - Air New Zealand Ltd ::AIR NEW ZEALAND- OFFERING DISCOUNTED AIRFARES TO JETSTAR CUSTOMERS AFFECTED BY ANNOUNCEMENT THAT IT IS PLANNING TO WITHDRAW ITS REGIONAL SERVICES.AIR NEW ZEALAND - AFFECTED JETSTAR CUSTOMERS CAN PURCHASE AN AIR NEW ZEALAND SEAT-ONLY FARE FOR SAME ROUTE ON SAME DAY FOR NO MORE THAN $50 EACH WAY.AIR NEW ZEALAND LTD - WILL EXPLORE OPPORTUNITIES TO ADD FURTHER CAPACITY TO THE ROUTES AFFECTED BY JETSTAR’S PLANNED WITHDRAWAL OVER THE COMING WEEKS.AIR NZ-WILL COMMIT TO NOT INCREASE LOWEST LEAD-IN FARES ON ROUTES AFFECTED BY JETSTAR’S WITHDRAWAL UNTIL AT LEAST 2020 END, SUBJECT TO FUEL PRICES.AIR NZ- WILL EVALUATE DEMAND OUTLOOK ON AFFECTED JETSTAR ROUTES & DETERMINE WHETHER CO HAS FLEXIBILITY WITHIN CURRENT FLEET TO ADD MORE CAPACITY.  Full Article

Air New Zealand And Cathay Pacific Extend Strategic Agreement
Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - Air New Zealand Ltd ::AIR NEW ZEALAND LTD - AIR NEW ZEALAND AND CATHAY PACIFIC EXTEND STRATEGIC AGREEMENT.AIR NEW ZEALAND LTD - MINISTER OF TRANSPORT PHIL TWYFORD RE-AUTHORISED JV BETWEEN CO & CATHAY PACIFIC FOR FURTHER FIVE YEARS TO 31 OCT 2024.  Full Article

Air New Zealand Says Fy20 H1 Forecast Total Hedge Volume 3.99 Mln Barrels
Tuesday, 20 Aug 2019 

Aug 20 (Reuters) - Air New Zealand Ltd ::FY20 H1 FORECAST TOTAL HEDGE VOLUME 3.99 MILLION BARRELS.FY20 H2 FORECAST TOTAL HEDGE VOLUME 2.2 MILLION BARRELS.FY20 H1 ESTIMATED FUEL CONSUMPTION 4.80 MILLION BARRELS.FY20 H2 ESTIMATED FUEL CONSUMPTION 4.79 MILLION BARRELS.  Full Article

Air New Zealand Says July Passengers Carried 1.40 Mln
Tuesday, 20 Aug 2019 

Aug 20 (Reuters) - Air New Zealand Ltd ::JULY PASSENGERS CARRIED 1.40 MILLION VERSUS 1.42 MILLION.JULY PASSENGER LOAD FACTOR 83.9% VERSUS 83.5%.  Full Article

Air New Zealand Ltd - June Passengers Carried Rise Up 4%
Monday, 29 Jul 2019 

July 29 (Reuters) - Air New Zealand Ltd ::JUNE PASSENGERS CARRIED 1.6 MILLION, UP 4%.JUNE PASSENGER LOAD FACTOR 83.3% VERSUS 81.1% LAST YEAR.JUNE REVENUE PASSENGER KILOMETRES 3,423 M VERSUS 3,220 M.  Full Article

Air New Zealand Secures Fourth U.S. Navy Engine Overhaul Contract Worth Over $17 Mln
Friday, 5 Jul 2019 

July 5 (Reuters) - Air New Zealand Ltd ::SECURES FOURTH U.S. NAVY ENGINE OVERHAUL CONTRACT WORTH MORE THAN US$17 MILLION.CONTRACT TO SERVICE TEN ADDITIONAL US NAVY LM2500 POWER TURBINES.10 ADDITIONAL UNITS AWARDED IN CONTRACT TO ARRIVE IN NEW ZEALAND LATE AUGUST AND OVERALL BODY OF WORK EXPECTED TO CONCLUDE IN 2021.  Full Article

Air New Zealand May Passenger Load Factor 84.2% Versus 81.4%
Thursday, 27 Jun 2019 

June 27 (Reuters) - Air New Zealand Ltd ::MAY PASSENGER LOAD FACTOR 84.2% VERSUS 81.4%.MAY PASSENGERS CARRIED 1.3 MILLION VERSUS 1.2 MILLION.  Full Article

Air New Zealand Teams Up With ST Engineering To Trial Use Of Drones To Inspect Aircraft
Monday, 17 Jun 2019 

June 17 (Reuters) - Air New Zealand Ltd ::TEAMED UP WITH ST ENGINEERING TO TRIAL USE OF DRONES TO INSPECT AIRCRAFT.  Full Article

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Former Air New Zealand chief joins opposition ahead of 2020 elections

WELLINGTON The former Chief Executive of Air New Zealand and one of the nation's most prominent businessman, Christopher Luxon, will join the opposition National Party as a candidate in next year's general election.