Air New Zealand Investor Update (Op Stats) – January 2019

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Contents
 January 2019 traffic highlights
 Operating statistics table
 Recent market announcements and media releases
 
 
January 2019 highlights


 
 
 
 
 
 
 
 
 
 
 
 
 

* % change is based on numbers prior to rounding
1
  Reported RASK (unit passenger revenue per available seat kilometre) is inclusive of foreign currency impact, and underlying RASK excludes foreign
currency impact.
.
Group traffic summary
2019 2018% *2019 2018
% *
Passengers carried (000)1,305 1,254 4.1%10,201 9,7834.3%
Revenue Passenger Kilometres(m)3,245 3,026 7.2%22,489 21,299 5.6%
Available Seat Kilometres (m)3,849 3,663 5.1%26,933 25,801 4.4%
Passenger Load Factor (%)84.3% 82.6% 1.7 pts83.5% 82.5% 1.0 pts
Year-to-date RASK
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Group2.1% 0.9%
Short Haul0.4% 0.0%
Long Haul3.7% 1.3%
JanuaryFINANCIAL YTD
% change in reported RASK
(incl. FX)
% change in underlying RASK
(excl. FX)
26 February 2019

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Operating statistics table

GroupFINANCIAL YTD
2019 2018% *2019 2018 % *
Passengers carried (000)1,305 1,254 4.1% 10,201 9,783 4.3%
Revenue Passenger Kilometres(m)3,245 3,026 7.2% 22,489 21,299 5.6%
Available Seat Kilometres (m)3,849 3,663 5.1% 26,933 25,801 4.4%
Passenger Load Factor (%)84.3% 82.6% 1.7 pts 83.5% 82.5% 1.0 pts
Short Haul TotalFINANCIAL YTD
2019 2018% *2019 2018 % *
Passengers carried (000)1,115 1,076 3.6%8,944 8,577 4.3%
Revenue Passenger Kilometres(m)1,353 1,275 6.1% 10,155 9,511 6.8%
Available Seat Kilometres (m)1,679 1,582 6.1% 12,342 11,626 6.2%
Passenger Load Factor (%)80.6% 80.6%- 82.3% 81.8% 0.5 pts
DomesticFINANCIAL YTD
2019 2018% *2019 2018 % *
Passengers carried (000)775764 1.5%6,531 6,327 3.2%
Revenue Passenger Kilometres(m)420412 1.9%3,390 3,263 3.9%
Available Seat Kilometres (m)510498 2.4%4,102 3,988 2.8%
Passenger Load Factor (%)82.4% 82.8% (0.4 pts) 82.7% 81.8% 0.9 pts
Tasman / PacificFINANCIAL YTD
2019 2018% *2019 2018 % *
Passengers carried (000)340312 8.9%2,414 2,250 7.3%
Revenue Passenger Kilometres(m)932863 8.1%6,764 6,248 8.3%
Available Seat Kilometres (m)1,168 1,084 7.8%8,240 7,638 7.9%
Passenger Load Factor (%)79.8% 79.6% 0.2 pts 82.1% 81.8% 0.3 pts
Long Haul TotalFINANCIAL YTD
2019 2018% *2019 2018 % *
Passengers carried (000)191178 7.1%1,256 1,206 4.2%
Revenue Passenger Kilometres(m)1,892 1,751 8.0% 12,335 11,788 4.6%
Available Seat Kilometres (m)2,170 2,081 4.3% 14,591 14,175 2.9%
Passenger Load Factor (%)87.2% 84.1% 3.1 pts 84.5% 83.2% 1.3 pts
Asia / Japan / SingaporeFINANCIAL YTD
2019 2018% *2019 2018 % *
Passengers carried (000)77727.4%513493 4.1%
Revenue Passenger Kilometres(m)688639 7.6%4,576 4,393 4.2%
Available Seat Kilometres (m)772776 (0.5%) 5,456 5,437 0.3%
Passenger Load Factor (%)89.1% 82.4% 6.7 pts 83.9% 80.8% 3.1 pts
Americas / UKFINANCIAL YTD
2019 2018% *2019 2018 % *
Passengers carried (000)114106 6.8%743713 4.2%
Revenue Passenger Kilometres(m)1,204 1,112 8.3%7,759 7,395 4.9%
Available Seat Kilometres (m)1,398 1,305 7.1%9,135 8,738 4.5%
Passenger Load Factor (%)86.1% 85.2% 0.9 pts 84.9% 84.6% 0.3 pts
JANUARY
JANUARY
JANUARY
JANUARY
* % 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.
JANUARY
JANUARY
JANUARY

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Market announcements
(during the period 31 January 2019 to 26 February 2019)

Air New Zealand 2019 Interim Results Webcast details             11 February 2019 
 
Air New Zealand’s 2019 interim results will be announced before NZX trading begins on Thursday
28 February 2019.

A conference call for investors and analysts will be hosted by Christopher Luxon (Chief
Executive Officer) and Jeff McDowall (Chief Financial Officer) at 11:00am NZDT on the same
day and can be accessed in the following ways:

 Live via webcast: Click here for the link to the analyst webcast.

 Live via telephone (for “listen-only” participants and those who would like to ask a question):

Conference ID: 213721
New Zealand Toll Free: 0800 453 055
NZ Local (Auckland): 09 929 1687
NZ Local (Wellington): 04 974 7738
NZ Local (Christchurch): 03 974 2632
Australia Toll Free: 1 800 558 698
Alternate Australia Toll Free: 1 800 809 971
Australia Local: 02 9007 3187
United States: (855) 881 1339
United Kingdom: 0800 051 8245
China Wide: 4001 200 659
Hong Kong: 800 966 806
Japan: 0053 116 1281
Singapore: 800 101 2785

 Replay via webcast – can be accessed through the "Results Centre" link on the Investor
Centre section of Air New Zealand's website:
https://www.airnewzealand.co.nz/investor-centre



Air New Zealand appoints General Counsel and Company Secretary   31 January 2019 

Air New Zealand has confirmed the appointment of Jennifer Page as its new General Counsel and
Company Secretary.

Jennifer is currently the Executive Director and Senior Counsel at Goldman Sachs New Zealand.

Jennifer is expected to take up her new position by 30 April.

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Media Releases
(during the period 31 January 2019 to 26 February 2019)
 
Air New Zealand shrinks some domestic fares by half      26 February 2019 

Air New Zealand is slashing its lowest domestic fares by up to 50 percent from today.

Chief Executive Officer Christopher Luxon says the move to shrink fares is the biggest overhaul of
the airline’s domestic pricing structure in more than a decade and will see more than three quarters
of a million seats a year available for less than $50.

“We are making travel more affordable than ever for Kiwis so that they can explore more of their
own backyard, connect with family and friends and attend the amazing events we have around the
nation,” Mr Luxon says.

Air New Zealand is shrinking its lowest fares on 41 domestic routes meaning Kiwis will be able to
fly within each island for as low as $39 and between the North Island and South Island for as low
as $39.

Air New Zealand’s longest domestic service – the two-hour 1,174 kilometre direct flight between
Auckland and Invercargill launching in August will have seats available from $79.

“We have shrunk our lowest fares by up to $45 in a move we believe will further supercharge
domestic tourism and we’d love to see hotels, rental car companies and tourist experience operators
follow our lead.”

“Regional New Zealand is one of the biggest winners out of today’s announcement. Some of the
great new Seat only fares include Auckland to Gisborne or Kerikeri for $39 and Auckland to
Blenheim or Nelson for $49,” Mr Luxon says.

Fares on the airline’s main trunk routes are also shrinking – Auckland-Christchurch and Auckland-
Wellington now start at $49 one-way and Christchurch-Wellington from $39.

The new fares are available for purchase from today at www.airnz.co.nz for travel from 25 March
2019.