Air New Zealand expects to almost double pre-tax profit in the first half of 2015/16 as the airline benefits from lower fuel prices, a simplified fleet and a “buoyant” tourism market. The Star Alliance carrier had guided the market to expect “significant earnings growth” in the current year at its 2014/15 results presentation in August
Air New Zealand has boosted the strength of its Auckland hub with a new flagship international lounge designed to cater for the expected growth in tourists and international transfer passengers as the airline expands its network with new routes and additional capacity. The 2,000 square metre lounge is 40 per cent larger than Air NZ’s existing
Air New Zealand chief executive Christopher Luxon says that putting environmental, social and economic sustainability at the heart of his airline’s operations is part of the company’s drive to become a “world-class” organisation. “The bottom line is, getting out of the world of aviation, the very best companies in the world, that are, frankly, doing really
Air New Zealand has retired its iconic Boeing 737-300 aircraft, with the final flight, NZ557 between Auckland and Christchurch, operated by ZK-NGI on September 6. It closed a chapter of domestic and trans-Tasman aviation that the airline has been marking, well aware of the historic nature of these aircraft and the relationship New Zealanders have with
Air China will launch nonstop services between Beijing and Auckland from December 2015 after the New Zealand government approved a proposed alliance with Air New Zealand. New Zealand Transport Minister Simon Bridges said the partnership between the two Star Alliance carriers was approved by cabinet on Monday and will last for five years and four
Air New Zealand chief executive Christopher Luxon says he is looking forward to Virgin Australia’s return to profitability in the current year and has praised the efforts of his counterpart John Borghetti in taking the fight up to Qantas. The Kiwi flag carrier booked a booked a NZ$26 million loss in 2014/15 from its 26 per