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Air NZ passenger numbers rise but revenue down in June

By NZPA

Wednesday 7th August 2002

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Air New Zealand made less revenue off passengers in June, although a decrease in capacity meant its load factor rose.

Revenue passenger kilometres (RPK) were down 5.3 percent for the month, Air NZ said in a statement today.

For the year ended June, RPK dropped by 3.3 percent, reflecting capacity reductions, and load factor increased by 1 percent to 72 percent.

During the month, fewer passengers flew the Atlantic and Japan routes compared with May, although the drop in Japanese arrivals was partly due to Japanese staying home for the soccer World Cup.

Passenger numbers rose on the Tasman, Pacific and other Asian routes.

Air NZ reduced its capacity by 8.7 percent for the month.

"June 2001 operating statistics continue to reflect significant domestic capacity and RPK growth due to the collapse of Qantas New Zealand in late April 2001," the company said.

Air NZ recently unveiled cheaper fares as part of its new Express class, a bid to tempt travellers back to the air.

The airline hopes the drop in revenue caused by the lower fares will be offset by greater passenger loads, and savings from having no inflight meals and no airpoints for the cheapest ticket classes.

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