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MarketScreener Homepage  >  Equities  >  NEW ZEALAND STOCK EXCHANGE  >  Air New Zealand Limited    AIR   NZAIRE0001S2

AIR NEW ZEALAND LIMITED

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Air New Zealand : Adds Flights for Boxing Day Test

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01/12/2019 | 04:40am EDT

Air New Zealand has announced extra flights to bring Kiwi cricket fans to Melbourne for this years Boxing Day test match at the MCG.

Two additional Boeing 777-200ER Auckland-Melbourne flights will operate on Christmas Day afternoon and early Boxing Day morning. The remainder of the almost 1,000 extra seats will be made available by deploying Air New Zealands 214-seat A321neo aircraft on two flights from Christchurch and two from Auckland.

This fixture will be a must do for many Kiwi cricket fans and given the Black Caps form we expect seats to be snapped up quickly, Air New Zealand chief revenue officer Cam Wallace said on Friday.

The Black Caps will be playing in the Boxing Day test match for the first time in over 30 years.

(c) 2019 All Rights Reversed for Saudi Press Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (NZD)
Sales 2019 5 752 M
EBIT 2019 379 M
Net income 2019 271 M
Debt 2019 1 645 M
Yield 2019 9,48%
P/E ratio 2019 9,86
P/E ratio 2020 8,24
EV / Sales 2019 0,74x
EV / Sales 2020 0,70x
Capitalization 2 605 M
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 6
Average target price 2,55  NZD
Spread / Average Target 10%
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Managers
NameTitle
Christopher M. Luxon Chief Executive Officer
Antony John Carter Chairman
Jeff McDowall Chief Financial Officer
Janice Amelia Dawson Deputy Chairman
Robert Jan Jager Independent Non-Executive Director
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