Sharechat Logo

Air NZ passenger numbers down, but load factor up

By NZPA

Tuesday 17th September 2002

Text too small?
Air New Zealand carried 8.8 percent fewer passengers this July than in same month last year, b ut its passenger load rating increased due to reduced capacity.

The airline carried 703,000 passengers in July, according to operating statistics released today.

However, the airline's passenger load factor increased 2 percentage points to 77 percent.

Capacity was 11.8 percent lower than in July 2001, partly due to Air NZ's international cut backs following the global economic slow-down and the September 11 terrorist attacks.

Revenue passenger kilometres (RPK) fell 9.3 percent while available seat kilometres (ASK) were down 11.8 percent,

International ASK decreased by 12.3 percent , while RPK decreased 9.6 percent resulting in the load factor on international flights increasing by 3 percentage points.

Domestically, RPK decreased 6.6 percent compared with the previous year, when capacity and load factor was on a high follo wing the collapse of Qantas New Zealand that April.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Air NZ plans to raise stake in Virgin Australia to 25.9 percent after gaining approvals
Air NZ keeps balance sheet plump, holds back on dividends as fleet renewal looms
Air New Zealand plans to close Auckland maintenance facility, cut 180 jobs, union says
Air NZ's Safe Air unit cuts 84 jobs in Blenheim as contracts end
Air NZ agrees to settle cartel case, expects earnings at upper end of guidance
Air NZ lifts stake in Virgin Australia to 23 percent , may creep up to 26 percent
Air NZ backs down on challenge to cargo suit against regulator
Air New Zealand reviews Japan flights as decline in yen makes travel more expensive
Ex-Foodstuffs boss Carter to head up Air NZ board
Air NZ shares jump 5.6 percent as airline flags annual earnings to more than double