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February 2023 Monthly traffic update & March 2023 preview

Operational Update17 April 2023AIAIndustrials

Notes:
This monthly traffic update from Auckland International Airport Limited (AIAL) is generated with assistance and data from Statistics New Zealand, the New Zealand Customs Service, Airways New Zealand, Immigration New Zealand, Queenstown

Airport Corporation and AIAL. International and Domestic passenger movements are actual. This document is intended for information purposes. It should not be considered a recommendation, offer or invitation to purchase securities. All

reasonable steps have been taken to ensure that the information is true and accurate at the time of publication.

1

Pre-COVID equivalent for February 2023 is February 2019, February 2023 financial YTD pre-COVID equivalent is February 2019,

financial YTD and rolling 12-month pre-COVID equivalent is 12 months to February 2019,. Pre-COVID equivalent for March 2023 is March 2019, March 2023 financial YTD pre-COVID equivalent is March 2019 financial YTD and rolling 12-

month pre-COVID equivalent is 12 months to March 2019.

2

Maximum Certificated Take-Off Weight (MCTOW) forms the basis of determining airfield charges at Auckland Airport and is displayed to the nearest tonne.

aucklandairport.co.nz Issued: 18 April 2023


February 2023 Monthly traffic update


72%

of pre-COVID

equivalent

In February 2023, total passenger volumes at Auckland Airport were 72% of the February 2019 pre-COVID equivalent

1

in the

last full financial year not impacted by the COVID pandemic. International passengers (excl. transits) were 71% of February

2019 numbers with transit passengers and domestic passengers at 47% and 75% respectively.



Key Points:

• Passenger recovery during February 2023 decreased slightly from prior month to 72% due to the effects of Cyclone Gabrielle disrupting

passenger travel;

• Despite this, international passenger demand continued to improve, recovering to 71% compared to February 2019 with noticeably higher

load factors on international services during the beginning and end of the month as travel plans were adjusted due to the weather events. It

was pleasing to see eight international airlines carried more passengers during February 2023 than they did in February 2019;

• North American routes continue to improve, recovering to 96% for the month with passenger demand to and from Canada exceeding February

2019 levels and USA demand recovering to 88%. Short haul Pacific Island routes also recovered strongly, at 93% of February 2019 numbers;

• Domestic passenger recovery during February 2023 decreased to 75% from 81% during January 2023 because of Cyclone Gabrielle

disrupting passenger travel; and

• Queenstown airport international passenger numbers were 121% of February 2019, and domestic were 86% of February 2019.



AUCKLAND AIRPORT

Passenger Movements

Total international (excl. Transits) 619,711

872,38771%4,542,6947,235,81663%5,466,87910,471,93552%

Transit movements34,954

74,74247%383,312706,74654%459,2881,031,02645%

Total international passengers

654,665947,12969%4,926,0067,942,56262%5,926,16711,502,96152%

Total domestic passengers

603,900802,29175%5,338,2926,400,95283%7,322,7719,517,10077%

Total passe nge rs1,258,565

1,749,42072%10,264,29814,343,51472%13,248,93821,020,06163%

Top 10 arrivals by country of last residence

New Zealand126,996

153,27383%1,128,5091,710,37366%1,375,4902,410,24057%

Australia53,568

72,82374%466,193605,08177%591,841871,60568%

United States of America

31,60439,20881%144,231201,36372%155,472282,85255%

United Kingdom

21,93727,63079%108,622146,41574%119,346189,31563%

Canada

8,57710,21484%35,16745,22978%38,22660,45463%

China, People's Republic of7,711

41,08019%36,200254,24114%39,900378,01311%

India

6,5285,804112%30,20538,78578%33,55462,37954%

Germany

6,09610,52658%30,07161,18649%31,39476,28741%

Japan5,04010,76947%19,42066,69029%20,79791,31423%

Korea, Republic of

4,2748,24852%20,38151,32440%22,10669,84232%

Aircraft Movements

International aircraft movements3,3674,50875%26,43139,08068%33,87357,02559%

Domestic aircraft movements7,816

10,13277%66,99482,15882%96,456121,45479%

Total aircraft movements

11,18314,64076%93,425121,23877%130,329178,47973%

M CTOW (tonne s) 2

International MCTOW337,589

486,99969%2,532,4314,067,46762%3,326,8325,895,17256%

Dome s ti c MCTOW158,855195,77681%1,325,7661,592,01983%1,901,5352,376,98880%

Total M CTOW

496,444682,77673%3,858,1975,659,48668%5,228,3678,272,16063%

Cargo (tonnes)

International Export

7,0467,48294%55,65563,88787%82,86892,07390%

International Import5,528

6,58984%57,13268,34684%90,858100,73690%

Total Cargo12,57414,07189%112,787132,23385%173,726192,80990%

Total Cargo V alue NZ$ (0 0 0 )

2,152,7731,653,292130%19,879,68314,235,478140%29,430,84920,827,693141%

QUEENSTOWN AIRPORT

Passenger Movements

Total international passengers 59,60249,331121%523,134472,356111%548,063628,94087%

Total domestic passengers 127,989148,90486%1,127,2541,137,50299%1,532,4181,632,61194%

Total passe nge rs187,591198,23595%1,650,3881,609,858103%2,080,4812,261,55192%

International aircraft movements447374120%3,9003,586109%4,0934,74686%

Domestic aircraft movements9291,10284%8,0788,71293%11,65312,44094%

Total aircraft movements1,3761,47693%11,97812,29897%15,74617,18692%

Rolling 12

month

total

Pre-COVID

12 month

total

% of pre-

COVID

equivalent

Current

month

Pre-COVID

equivalent

% of pre-

COVID

equivalent

Financial

YTD

Pre-COVID

financial

YTD

% of pre-

COVID

equivalent

% of pre-

COVID

equivalent

Current

month

Pre-COVID

equivalent

% of pre-

COVID

equivalent

Financial

YTD

Pre-COVID

financial

YTD

% of pre-

COVID

equivalent

Rolling 12

month

total

Pre-COVID

12 month

total


Notes:

This monthly traffic update from Auckland International Airport Limited (AIAL) is generated with assistance and data from Statistics New Zealand, the New Zealand Customs Service, Airways New Zealand, Immigration New Zealand, Queenstown

Airport Corporation and AIAL. International and Domestic passenger movements are actual. This document is intended for information purposes. It should not be considered a recommendation, offer or invitation to purchase securities. All

reasonable steps have been taken to ensure that the information is true and accurate at the time of publication.

1

Pre-COVID equivalent for February 2023 is February 2019, February 2023 financial YTD pre-COVID equivalent is February 2019,

financial YTD and rolling 12-month pre-COVID equivalent is 12 months to February 2019,. Pre-COVID equivalent for March 2023 is March 2019, March 2023 financial YTD pre-COVID equivalent is March 2019 financial YTD and rolling 12-

month pre-COVID equivalent is 12 months to March 2019.

2

Maximum Certificated Take-Off Weight (MCTOW) forms the basis of determining airfield charges at Auckland Airport and is displayed to the nearest tonne.

aucklandairport.co.nz Issued: 18 April 2023


March 2023 Monthly traffic preview


81%

of pre-COVID

equivalent

In March 2023, total passenger volumes at Auckland Airport were 81% of the March 2019 pre-COVID equivalent

1

in the last full

financial year not impacted by the COVID pandemic. International passengers (excl. transits) were 76% of March 2019, with transit

and domestic passengers at 58% and 88% respectively.



Key Points:

• Passenger recovery during March 2023 increased from the prior month to 81% with 1.51m passengers traveling, volumes not seen since February

2020;

• International passenger recovery improved by 5ppts from the prior month to 76%, with short-haul international routes recovering to 85% and long-

haul international routes reaching 65% compared to March 2019. Asia routes recovered to 56%, a 10ppt improvement on prior month, partially

driven by three airlines operating to and from mainland China helping the China route to recover to 30% of March 2019;

• International travel by New Zealand passport holders recovered to 87% for March 2023. Activity in this passenger segment is expected to continue

to be strong through the winter months as New Zealanders head away for some winter sun. Non-New Zealand passport holders recovered to a

post-COVID high of 71% during March 2023. Indian passport holders were the fifth largest nationality with 28k passengers - an impressive

recovery of 127% versus March 2019;

• Capacity on the North American route will decrease from the end of March 2023 for the New Zealand winter months as American Airlines and Air

Canada end their seasonal services and United Airlines operates a reduced schedule. Capacity will return at the end of October 2023 when

seasonal schedules resume. North American routes performed well over the Northern Winter 22 / 23 season, with passenger volumes recovering

to 93% driven by load factor improvements of 6ppts;

• Domestic passenger recovery during March 2023 increased to 88% with 779k domestic passengers traveling. Only one month since the start of

the pandemic had a higher recovery percentage, July 2021 at 90%. The last month with higher passenger volume was December 2019; and

• Queenstown airport international passenger numbers were 113% of March 2019, and domestic 94% of March 2019.


AUCKLAND AIRPORT

Passenger Movements

Total international (excl. Transits)

686,178903,48576%5,228,8728,139,30164%6,043,00110,466,00758%

Transit movements

45,44278,48458%428,754785,23055%497,4941,028,59848%

Total international passengers

731,620981,96975%5,657,6268,924,53163%6,540,49511,494,60557%

Total domestic passengers

778,744887,34388%6,117,0367,288,29584%7,791,8709,526,35182%

Total passe nge rs

1,510,3641,869,31281%11,774,66216,212,82673%14,332,36521,020,95668%

Aircraft Movements

International aircraft movements3,8814,80881%30,31243,88869%36,20257,13263%

Domestic aircraft movements

9,58711,17186%76,58193,32982%99,754121,74082%

Total aircraft movements

13,46815,97984%106,893137,21778%135,956178,87276%

M CTOW (tonne s) 2

International MCTOW377,438510,42374%2,909,8694,577,89064%3,511,4135,902,20759%

Dome s ti c MCTOW190,960216,25788%1,516,7261,808,27584%1,974,5242,381,20883%

Total M CTOW

568,398726,68078%4,426,5956,386,16669%5,485,9378,283,41566%

QUEENSTOWN AIRPORT

Passenger Movements

Total international passengers 62,35355,237113%585,487527,593111%610,416640,78395%

Total domestic passengers 147,325157,56594%1,274,5791,295,06798%1,606,8481,655,02497%

Total passe nge rs209,678212,80299%1,860,0661,822,660102%2,217,2642,295,80797%

International aircraft movements493420117%4,3934,006110%4,5864,86494%

Domestic aircraft movements1,0461,16490%9,1249,87692%11,86612,64694%

Total aircraft movements

1,5391,58497%13,51713,88297%16,45217,51094%

Pre-COVID

12 month

total

% of pre-

COVID

equivalent

Rolling 12

month total

Pre-COVID

12 month

total

% of pre-

COVID

equivalent

% of pre-

COVID

equivalent

Rolling 12

month total

Current

month

Pre-COVID

equivalent

% of pre-

COVID

equivalent

Financial

YTD

Pre-COVID

financial

YTD

% of pre-

COVID

equivalent

Current

month

Pre-COVID

equivalent

% of pre-

COVID

equivalent

Financial

YTD

Pre-COVID

financial

YTD

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.