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aviation

Auckland International Airport’s half-year net profit soars to $118.7m while revenue doubles to $440.5m as the airport gains over nine million visitors in six months
22nd Feb 24, 10:19am
4
Auckland International Airport’s half-year net profit soars to $118.7m while revenue doubles to $440.5m as the airport gains over nine million visitors in six months
Our national airline says it is 'leaning into the reality of a worsening revenue and cost environment'
22nd Feb 24, 9:34am
14
Our national airline says it is 'leaning into the reality of a worsening revenue and cost environment'
Our national airline announces profit guidance suggesting the second half of the current financial year is proving to be a very bumpy one
19th Feb 24, 11:49am
10
Our national airline announces profit guidance suggesting the second half of the current financial year is proving to be a very bumpy one
Australia's supermarkets, airlines and power companies are charging ‘exploitative’ prices despite reaping record profits
8th Feb 24, 10:02am
by Guest
2
Australia's supermarkets, airlines and power companies are charging ‘exploitative’ prices despite reaping record profits
The New Zealand aviation industry is making bold climate claims and risking anti-greenwashing litigation, James Higham argues
13th Dec 23, 11:28am
by Guest
18
The New Zealand aviation industry is making bold climate claims and risking anti-greenwashing litigation, James Higham argues
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
24th Aug 23, 9:38am
55
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
[updated]
Michael Wood has been ‘stood down’ as Transport Minister while he sells a $13,000 stake in Auckland Airport
6th Jun 23, 1:47pm
44
Michael Wood has been ‘stood down’ as Transport Minister while he sells a $13,000 stake in Auckland Airport
Analysts at Forsyth Barr say our national carrier might have its fourth-best ever result in the first half of the current financial year
4th Oct 22, 2:50pm
5
Analysts at Forsyth Barr say our national carrier might have its fourth-best ever result in the first half of the current financial year
David Hargreaves wishes Air New Zealand well but thinks their announced capital raising is a little light and they may need to find more money later
31st Mar 22, 11:55am
29
David Hargreaves wishes Air New Zealand well but thinks their announced capital raising is a little light and they may need to find more money later
Air New Zealand has now drawn down $760 mln in borrowings from the Government as it continues to burn cash
24th Feb 22, 10:01am
5
Air New Zealand has now drawn down $760 mln in borrowings from the Government as it continues to burn cash
David Hargreaves looks at the difficult juggling act the Government is attempting with Air New Zealand
14th Dec 21, 2:52pm
27
David Hargreaves looks at the difficult juggling act the Government is attempting with Air New Zealand
Air New Zealand has reworked the terms of its financial support package from the Govt, including reduction in the amount of borrowing by $500 mln, but a new issue of redeemable shares up to $1 bln
14th Dec 21, 9:57am
12
Air New Zealand has reworked the terms of its financial support package from the Govt, including reduction in the amount of borrowing by $500 mln, but a new issue of redeemable shares up to $1 bln
Forsyth Barr analysts see it as increasingly unlikely that the Government will be able to maintain the current closed border settings through our summer; vaccination level may only reach 73% of the population
11th Oct 21, 9:33am
23
Forsyth Barr analysts see it as increasingly unlikely that the Government will be able to maintain the current closed border settings through our summer; vaccination level may only reach 73% of the population
Air New Zealand cites uncertainty around the current lockdown as it reports pre-tax losses of $440 million for the financial year to June 2021
26th Aug 21, 9:22am
6
Air New Zealand cites uncertainty around the current lockdown as it reports pre-tax losses of $440 million for the financial year to June 2021
David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
19th Aug 21, 10:09am
9
David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
Jarden analysts calculate about $350 mln to $500 mln of Air New Zealand's $1.5 bln Govt loan facility may be left by the time the airline undertakes a capital raising next year
17th Aug 21, 1:27pm
Jarden analysts calculate about $350 mln to $500 mln of Air New Zealand's $1.5 bln Govt loan facility may be left by the time the airline undertakes a capital raising next year
The country's largest airport will start laying the 'groundwork' early next year for its new domestic hub, but is not giving any indication of when the major phase of development of the $1 bln on-hold project will commence
9th Aug 21, 10:29am
4
The country's largest airport will start laying the 'groundwork' early next year for its new domestic hub, but is not giving any indication of when the major phase of development of the $1 bln on-hold project will commence
Air New Zealand now expects to lose up to $530 mln in the 2022 year, on top of about $450 mln in the financial year just gone - and it will need to tap more into the Govt's standby loan facility
4th Aug 21, 9:07am
8
Air New Zealand now expects to lose up to $530 mln in the 2022 year, on top of about $450 mln in the financial year just gone - and it will need to tap more into the Govt's standby loan facility
Forsyth Barr analysts have doubled their forecast loss for the national airline for the 2022 year and lowered their 'target' share price for it
21st Jun 21, 3:50pm
3
Forsyth Barr analysts have doubled their forecast loss for the national airline for the 2022 year and lowered their 'target' share price for it
Air New Zealand defers capital raise plans until later in the year, as the Crown increases a loan facility for the airline by $600 million to $1.5 billion
9th Apr 21, 10:10am
18
Air New Zealand defers capital raise plans until later in the year, as the Crown increases a loan facility for the airline by $600 million to $1.5 billion
Our national airline says its 'monthly cash burn' is expected to be between $45 mln and $55 mln a month for the remaining five months of the financial year; capital raising still planned by June
25th Feb 21, 9:37am
5
Our national airline says its 'monthly cash burn' is expected to be between $45 mln and $55 mln a month for the remaining five months of the financial year; capital raising still planned by June
Parliamentary Commissioner for the Environment Simon Upton calls for the introduction of four policies to tackle the impact of tourism on the New Zealand environment
18th Feb 21, 2:01pm
59
Parliamentary Commissioner for the Environment Simon Upton calls for the introduction of four policies to tackle the impact of tourism on the New Zealand environment
The country's largest airport see no two-way, quarantine-free, trans-Tasman travel before the end of June
18th Feb 21, 8:58am
12
The country's largest airport see no two-way, quarantine-free, trans-Tasman travel before the end of June
Motu research analysts on American healthcare, inequality and eating your greens, looking for signs of life on Venus, the climate clock is ticking and hydrogen the saviour of air travel
30th Sep 20, 11:18am
by Guest
5
Motu research analysts on American healthcare, inequality and eating your greens, looking for signs of life on Venus, the climate clock is ticking and hydrogen the saviour of air travel
Air NZ starts drawing down on $900 million Crown loan; Plans to complete capital raise by June
25th Sep 20, 4:00pm
23
Air NZ starts drawing down on $900 million Crown loan; Plans to complete capital raise by June