Air New Zealand's Group Capacity Down 4.6% in September

MT Newswires Live
2024-11-08

Air New Zealand's (NZE:AIR, ASX:AIZ) group capacity fell 4.6% year on year in September due to aircraft availability, according to a Thursday filing with the New Zealand bourse.

Long-haul international available seat kilometers (ASKs) dropped 6.6%, short-haul international ASKs declined 0.8%, and domestic ASKs were down 4.2%.

New Zealand's flagship airline carried roughly 1.5 million passengers in September, down 7.3% from 1.6 million passengers a year ago.

Year to date, Air New Zealand carried 3.9 million passengers, down 4.3% on the year-ago period.

The airline's shares were up nearly 2% in recent trade.

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