Air New Zealand Limited

AIR

NZAIRE0001S2

Airlines

End-of-day quote New Zealand S.E. Other stock markets 2025-06-19			5-day change	1st Jan Change
0.5850 ^NZD	+0.86%		-1.68%	-2.50%

Jun. 18	Air New Zealand Buys Back Over 659,000 Ordinary Shares	MT
Jun. 17	Air New Zealand Buys Back Over 544,000 Ordinary Shares	MT

Air New Zealand's annual profit falls 61%

Published on 08/28/2024 at 16:41

(Reuters) - Air New Zealand posted a 61% drop in its annual earnings on Thursday, hurt by high inflationary pressure which is impacting travel demand in its domestic as well as in the North American market.

New Zealand's flagship carrier reported earnings before tax of NZ$222 million($138.55 million), down from NZ$574 million a year ago and compared with the Visible Alpha consensus estimate of NZ$176.7 million.

($1 = 1.6023 New Zealand dollars)

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Mohammed Safi Shamsi)

Latest news about Air New Zealand Limited

Air New Zealand Buys Back Over 659,000 Ordinary Shares	Jun. 18	MT
Air New Zealand Buys Back Over 544,000 Ordinary Shares	Jun. 17	MT
New Zealand Shares Rise Despite Rising US Trade, Geopolitical Tensions, Air New Zealand Signs Deal With Sydney Airport	Jun. 12	MT
Air New Zealand to Expand North America, Asia Flight Seats	Jun. 12	MT
Air New Zealand Signs Deal to Operate Flights Between Auckland, Sydney	Jun. 11	MT
Air New Zealand Signs Agreement With Western Sydney International (Nancy-Bird Walton) Airport	Jun. 10	RE
Air New Zealand Trials Wi-Fi on Domestic Flights	Jun. 10	MT
Air New Zealand Welcomes Two International A321Neo Aircraft	Jun. 03	RE
Air New Zealand Limited Reports Group Operating Results for the Month and Year to Date Ended April 2025	May. 30	CI
Air New Zealand Says Group Capacity Was Down 2.2% In April	May. 29	RE
Air New Zealand's Group Capacity Falls Over 2% in April	May. 29	MT
Air New Zealand Buys Back Over 400,000 Ordinary Shares	May. 23	MT
Air New Zealand Buys Back Above 770,000 Ordinary Shares	May. 19	MT
Air New Zealand Buys Back Nearly 990,000 Ordinary Shares	May. 15	MT
Air New Zealand Says Group Capacity Was Down 4.8% In March	May. 08	RE
Air New Zealand Group Capacity Down 4.8% in March	May. 08	MT
Air New Zealand Limited Reports Group Operating Results for the Month and Year to Date Ended March 2025	May. 08	CI
Air New Zealand Sees Up to 25% Reduction in Greenhouse Gas Emissions by 2030; Emissions Guidance to be Updated Annually	Apr. 30	MT
ASX Preview: Australian Shares to Open Lower Amid Mixed Wall Street Session on Bleak US GDP Data	Apr. 30	MT
Air New Zealand Buys Back Over 600,000 Shares for Cancellation	Apr. 24	MT
Air New Zealand Buys Back Over 700,000 Ordinary Shares for Cancellation	Apr. 23	MT
Air New Zealand Sees Up to NZ$190 Million in Pre-Tax Earnings in Fiscal Year 2025	Apr. 15	MT
Air New Zealand sees lower earnings for 2025, cites engine woes	Apr. 15	RE
Air New Zealand Expects 2025 Earnings Before Taxation NZ$150 Million - NZ$190 Million	Apr. 15	RE
Air New Zealand sees lower earnings in 2025	Apr. 15	RE

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Company Profile

Air New Zealand Limited is engaged in the transportation of passengers and cargo on an integrated network of scheduled airline services to, from and within New Zealand. Its geographical segments include New Zealand, Australia and Pacific Islands, Asia, the United Kingdom and Europe, and America. The Company has approximately 104 operating aircraft ranging from Boeing 787-9 Dreamliners and Airbus A320s to ATRs and Q300s, offering customers. It has domestic business, connecting customers and cargo to over 20 different regions around New Zealand. Internationally, the airline has direct flights to cities across Australia, Asia, the Pacific Islands, and the United States. Its operating fleet includes Boeing 777-300ER, Boeing 787-9 Dreamliner, AirbusA321neo, AirbusA320neo, AirbusA320ceo, ATR 72-600, and Bombardier Q300. It is a supplier of aircraft, and component maintenance, repair, and overhaul (MRO) services to customers in New Zealand, Australia, Asia, the Americas, and Europe.

Employees

11,600

Sector

Airlines

Calendar

Aug. 27 - Q4 2025 Earnings Release

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