Air New Zealand Investor Update (Op Stats) – April 2018

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Contents
• April 2018 traffic highlights
• Operating statistics table
• Recent market announcements and media releases





April 2018 highlights











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Reported RASK (unit passenger revenue per available seat kilometre) is inclusive of foreign currency impact, and underlying RASK excludes foreign
currency impact.
* % change is based on numbers prior to rounding.
28 May 2018

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Operating statistics table

GroupFINANCIAL YTD
20182017% *20182017% *
Passengers carried (000)1,3841,2857.8%14,25613,4306.2%
Revenue Passenger Kilometres(m)2,9332,7118.2%30,83529,4934.6%
Available Seat Kilometres (m)3,4763,1839.2%37,10335,5894.3%
Passenger Load Factor (%)84.4%85.2%(0.8 pts)83.1%82.9%0.2 pts
Short Haul TotalFINANCIAL YTD
20182017% *20182017% *
Passengers carried (000)1,2231,1328.1%12,50311,7216.7%
Revenue Passenger Kilometres(m)1,3501,21910.7%13,69412,7557.4%
Available Seat Kilometres (m)1,5941,4778.0%16,60915,7575.4%
Passenger Load Factor (%)84.6%82.6%2.0 pts82.4%80.9%1.5 pts
DomesticFINANCIAL YTD
20182017% *20182017% *
Passengers carried (000)9148497.7%9,3068,7046.9%
Revenue Passenger Kilometres(m)4754407.8%4,8204,4727.8%
Available Seat Kilometres (m)5405262.7%5,7865,5244.7%
Passenger Load Factor (%)87.8%83.7%4.1 pts83.3%81.0%2.3 pts
Tasman / PacificFINANCIAL YTD
20182017% *20182017% *
Passengers carried (000)3092839.2%3,1973,0176.0%
Revenue Passenger Kilometres(m)87577912.3%8,8748,2837.1%
Available Seat Kilometres (m)1,05495110.9%10,82310,2335.8%
Passenger Load Factor (%)83.0%82.0%1.0 pts82.0%80.9%1.1 pts
Long Haul TotalFINANCIAL YTD
20182017% *20182017% *
Passengers carried (000)1611535.7%1,7531,7092.6%
Revenue Passenger Kilometres(m)1,5831,4926.1%17,14116,7382.4%
Available Seat Kilometres (m)1,8821,70610.3%20,49419,8323.3%
Passenger Load Factor (%)84.2%87.5%(3.3 pts)83.6%84.4%(0.8 pts)
Asia / Japan / SingaporeFINANCIAL YTD
20182017% *20182017% *
Passengers carried (000)64615.2%7187032.1%
Revenue Passenger Kilometres(m)5705425.1%6,4086,2762.1%
Available Seat Kilometres (m)6626108.5%7,8277,5793.3%
Passenger Load Factor (%)86.2%88.9%(2.7 pts)81.9%82.8%(0.9 pts)
Americas / UKFINANCIAL YTD
20182017% *20182017% *
Passengers carried (000)97926.1%1,0351,0062.9%
Revenue Passenger Kilometres(m)1,0139506.6%10,73310,4622.6%
Available Seat Kilometres (m)1,2201,09611.3%12,66712,2533.4%
Passenger Load Factor (%)83.1%86.7%(3.6 pts)84.7%85.4%(0.7 pts)
* % change is based on numbers prior to rounding
Air New Zealand operates primarily in one segment, its primary business being the transportation of passengers and
cargo on an integrated network of scheduled airline services to, from and within New Zealand. The following operational
data and statistics is additional supplementary information only.
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Market announcements

Air NZ – 2018 Macquarie Conference Presentation 3 May 2018

Air New Zealand's CEO Christopher Luxon presented at the Macquarie Australia Conference on 3 May 2018.
The presentation can be accessed via Air New Zealand’s Investor Centre website at
www.airnewzealand.co.nz/investor-centre or by clicking here.


Media releases

Air New Zealand announces additional jet services between 8 May 2018
Dunedin and Auckland

Air New Zealand will operate five additional return A320 services between Dunedin and Auckland per week
from October, adding around 70,000 seats annually to the route and upping seat capacity by close to 25
percent.

The new flights are timed to help Dunedin business travellers get more out of their day in Auckland, as well
as enable connections via Auckland to Air New Zealand’s international destinations including Brisbane,
Melbourne, Sydney, Perth and Nadi.

Air New Zealand Chief Revenue Officer Cam Wallace who was in Dunedin to speak at the TRENZ travel
showcase, says the additional services will provide even more options for travellers.

"We are committed to growing services between Dunedin and Auckland and working closely with Dunedin
Airport. Dunedin is a really important part of Air New Zealand’s network, so it’s tremendous to see continued
strong demand for services to and from the city," says Mr Wallace.

Air New Zealand recognised for corporate social responsibility 7 May 2018

Air New Zealand’s sustainability efforts have been recognised for the second consecutive year in the 2018
Annual Review of the State of CSR (corporate social responsibility) in Australia and New Zealand, with the
airline taking out a New Zealand CSR Top 5 Award.

The review, published by the Australian Centre for Corporate Social Responsibility, is the world’s largest
ongoing study of CSR practices and trends and the only one of its type in Australia and New Zealand.
The review surveys employee perceptions of CSR priorities, practices and management capabilities within
an organisation. The CSR Top 5 are the New Zealand companies with the strongest management
capabilities for Corporate Social Responsibility.

Air New Zealand Chief Executive Officer Christopher Luxon says business has a unique responsibility to
help strengthen society.

“Organisations cannot choose between growth and sustainability – we have to focus on both. That means
there is a need for business models that will enable responsible, sustainable growth.

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“While there is always more to do, we have been working hard to embed sustainability in our business
through our Sustainability Framework, which is the way we map our commitment to a better New Zealand –
for our people, our place and our economy, so it’s great to see our efforts recognised in this way.”

A key aim of the review is to provide organisations with an analysis of key CSR trends, enabling them to
make evidence-based decisions that allow for positive change within their businesses.

Air New Zealand Airpoints™ expands with five new partners 1 May 2018

Five more businesses have joined Air New Zealand's Airpoints programme, offering their customers new
ways to earn Airpoints Dollars™.
The five new businesses are:
• Risk insurance provider AIA New Zealand (which is currently seeking approval to complete the
acquisition of Sovereign Insurance), which is rolling out Airpoints Dollar earning to new customers
from 1 May 2018 and existing customers from later this year
• Quest Apartment Hotels, which has 34 properties throughout New Zealand and Fiji, is now offering
Airpoints Dollars on all accommodation spend
• Aelia Duty Free, which is already offering Airpoints Dollar earning to customers at Auckland,
Queenstown and Dunedin Airports
• Audiology providers Bay Audiology and Dilworth Hearing, which will join from later this year, offering
Airpoints Dollar earning in clinics throughout New Zealand
• Construction and mining supplier Komatsu, which will be offering Airpoints Dollar earning through
the Airpoints for Business programme from next month
Air New Zealand General Manager Loyalty Mark Street says the addition of five new partners to the
programme is good news for members and follows a period of rapid expansion.
"These businesses join 63 other bank, retail and travel partners covering a wide range of household and
business spend categories including New World, Harvey Norman, Mercury, Mitre 10, Z Energy, Macpac
which have all joined within the past two years," says Mr Street.
Air New Zealand Airpoints is New Zealand’s most rewarding loyalty programme with more than 2.8 million
members. In the past year more than one million flights and purchases from the Airpoints Store were
enjoyed by members using their Airpoints Dollars.
Visit our Airpoints partners page for the full list of Airpoints retail partners.