Air New Zealand Investor Update (Op Stats) – January 2022

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Contents
• January 2022 traffic highlights
• Operating statistics table
• Recent media releases


January 2022 highlights



















Group traffic summary
20222021% *
20222021% *
Passengers carried (000)6185836.0%
3,8214,587(16.7%)
Revenue Passenger Kilometres(m)
415
3789.8%2,581
3,056(15.5%)
Available Seat Kilometres (m)815
64426.6%4,5195,635(19.8%)
Passenger Load Factor (%)50.9%58.6%(7.7 pts)57.1%54.2%2.9 pts
Year-to-date RASK
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Group
(4.6%)(4.4%)
Short Haul(9.7%)(9.6%)
Long Haul(16.2%)(13.9%)
JANUARY
% change in reported RASK
(incl. FX)
% change in underlying RASK
(excl. FX)
FINANCIAL YTD
* % change is based on numbers prior to rounding.
Please note that the available seat kilometre (capacity) numbers included in the tables within this disclosure do not include any cargo-only flights.
This is because these capacity numbers are used to calculate passenger load factors and passenger RASK
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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.
24 February 2022

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Operating statistics table




Group
JANUARYFINANCIAL YTD
20222021% *20222021% *
Passengers carried (000)
618583
6.0%3,8214,587(16.7%)
Revenue Passenger Kilometres(m)415378
9.8%2,5813,056(15.5%)
Available Seat Kilometres (m)815
64426.6%4,5195,635(19.8%)
Passenger Load Factor (%)50.9%
58.6%(7.7 pts)57.1%
54.2%2.9 pts
Short Haul T otal
JANUARYFINANCIAL YTD
20222021% *20222021% *
Passengers carried (000)613
5795.9%3,7894,536(16.5%)
Revenue Passenger Kilometres(m)360331
8.6%2,2592,562
(11.8%)
Available Seat Kilometres (m)
615482
27.7%3,4263,865(11.4%)
Passenger Load Factor (%)
58.5%68.8%
(10.3 pts)65.9%66.3%(0.4 pts)
Domestic
JANUARYFINANCIAL YTD
2022
2021% *2022
2021
% *
Passengers carried (000)
5965655.5%3,630
4,434(18.1%)
Revenue Passenger Kilometres(m)3163024.7%1,8052,333(22.7%)
Available Seat Kilometres (m)
485387
25.1%2,5363,045(16.7%)
Passenger Load Factor (%)65.2%
77.9%(12.7 pts)71.2%76.6%(5.4 pts)
Tasman / PacificJANUARYFINANCIAL YTD
20222021
% *20222021
% *
Passengers carried (000)171422.4%159
10256.2%
Revenue Passenger Kilometres(m)44
30
48.4%454228
99.0%
Available Seat Kilometres (m)13194
38.7%8908198.6%
Passenger Load Factor (%)33.6%31.4%2.2 pts51.0%27.8%23.2 pts
Long Haul T otalJANUARYFINANCIAL YTD
20222021% *
20222021% *
Passengers carried (000)5517.5%32
50(36.2%)
Revenue Passenger Kilometres(m)
554618.6%322494(34.7%)
Available Seat Kilometres (m)19916223.1%1,0931,770(38.2%)
Passenger Load Factor (%)27.5%28.5%(1.0 pts)29.5%27.9%1.6 pts
AsiaJANUARY
FINANCIAL YTD
20222021% *20222021% *
Passengers carried (000)22(12.2%)925(62.7%)
Revenue Passenger Kilometres(m)
14
16(13.1%)84229(63.0%)
Available Seat Kilometres (m)82116(29.4%)
582979(40.5%)
Passenger Load Factor (%)17.4%14.2%3.2 pts14.5%23.4%(8.9 pts)
AmericasJANUARY
FINANCIAL YTD
20222021% *20222021% *
Passengers carried (000)4336.1%2325(10.3%)
Revenue Passenger Kilometres(m)413036.1%
238265(10.3%)
Available Seat Kilometres (m)
11846154.9%510791(35.5%)
Passenger Load Factor (%)34.5%64.6%(30.1 pts)46.6%
33.5%13.1 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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Media Releases
(during the period 5 February 2022 to 23 February 2022)

Precious cargo – Air New Zealand carries RATs to the rescue 14 February 2022

Air New Zealand is helping to bring in tens of millions of Rapid Antigen Tests (RATs) to support Aotearoa’s
Covid response over the coming months.

The airline is operating nine charter flights through to 20 February, and Air New Zealand’s General Manager
Cargo Anna Palairet says there are plenty more in the works.

“Operating these charter flights was a no brainer. There is a real urgency to bring Rapid Antigen Tests into
New Zealand, and we’re proud to be playing our part in getting them here. It’s truly been a fantastic team
effort between Air New Zealand, Ministry of Health and the freight forwarders.

“We’ve been operating charters for RAT kits since December, but things are really ramping up now. In
addition to charters, we’ve also been making use of capacity on commercial flights. Where we’ve got space,
we’re using it for RATs. While we are constrained by available aircraft and operating crew for charter flights,
having our 777-300 back in action from last week will help to increase cargo capacity across the network.

“We know the demand is there, and our teams are doing everything they can to try and fulfil it.”

Air New Zealand has seen its cargo business skyrocket over the past two years, with an estimated 200
million tonnes of product carried since 2020.

Aotearoa welcomes back Air New Zealand’s first 777 8 February 2022

After almost 600 days on the ground, Air New Zealand’s flagship B777-300 is soaring over Tāmaki
Makaurau once again.

Designated ZK-OKQ, the aircraft last flew on 20 June 2020 between Melbourne and Auckland before being
grounded due to the pandemic. It has spent the last four weeks getting a maintenance makeover in
Auckland to bring it back into service and will now be used to do what it does best, connecting New Zealand
to the world.

The aircraft will initially fly cargo-only services between New Zealand, Australia, and Los Angeles, carrying
fresh New Zealand produce to the world – including salmon, lamb and seafood, as well as pharmaceutical
and e-commerce goods.

Air New Zealand Chief Operational Integrity and Safety Officer Captain David Morgan says the return of the
airline's first 777 aircraft is an incredibly special day for the airline and is a sign that the tides are turning.

“After the past 24 months of predominately operating a domestic business, seeing our iconic B777 back in
action will be an emotional moment for many Air New Zealanders. This particular 777 was the first in our
fleet so it's fitting that it once again flies the Koru in our skies.

“It’s a positive sign there is light at the end of the tunnel, and while it’s only flying cargo to begin with, we are
hopeful that as the border restrictions continue to ease, we will be welcoming customers back on board
soon.

“Our cargo business is right in the middle of its busiest season with New Zealand products in high demand
around the globe so this extra belly space is a much-needed boost for New Zealand exporters.”

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ZK-OKQ will be operating its first cargo service on Thursday 10 February between Auckland and
Melbourne.

The airline will be keeping a close eye on international demand and, when appropriate, will bring further
B777-300s into service.