My Account Menu

CAPA Login

Register to trial CAPA Membership!

Air New Zealand and Auckland Airport profits jump; Christchurch earthquake uncertainty


The IMF stated it would likely revise down its economic growth forecast for New Zealand “somewhat” from the 3% forecast, following the devastating earthquake in Christchurch which is expected to cost the New Zealand economy up to NZD20 billion (USD14.9 billion). [2561 words]

Unlock the following content in this report:


  • Air New Zealand to focus on Christchurch economic recovery
  • Air New Zealand reports 'strong' half-year performance
  • Net profit of USD73m as revenues increase to USD1.7 billion
  • Group yield improves, capacity remains below peak of 2008
  • Improved long-haul yields; short-haul remains 'reduced'
  • Well hedged for next six months
  • Faces greater competition on long-haul Asian routes
  • To take delivery of five aircraft in FY2011
  • Auckland's first half growth leads to uplift in profits and dividends
  • Revenue growth of 9%; double-digit airfield and retail income
  • ‘Encouraged’ by new air services, particularly from Asia
  • Future uncertain after earthquake shock

Graphs and data:

  • Key influences on Air New Zealand profitability: Six months ended 31-Dec-2010
  • Air New Zealand financial highlights for the six months ended 31-Dec-2010
  • Air New Zealand operating profit margin and net profit margin: FY2008 to 1HFY2011
  • Air New Zealand yield: 2005 to 1HFY2011
  • Air New Zealand passenger numbers and PLF: 2004 to 1HFY2011
  • Air New Zealand yield development: Jul-2010 to Dec-2010
  • Air New Zealand capacity developments: 1H2006 to 1H2011
  • Long-haul yield and RASK performance: Jul-2010 to Dec-2010
  • Domestic yield and RASK performance: Jul-2010 to Dec-2010
  • Air New Zealand fuel hedging position
  • Jet fuel and crude oil price development: Jun-2009 to Feb-2011
  • Air New Zealand fleet profile
  • Aircraft Capital Commitments: FY2011 to FY2013
  • Auckland Airport EBITDA margin and profit after tax margin: 2005 to 1HFY2011
  • Auckland Airport revenue growth and passenger numbers growth: 2005 to 1HFY2011
  • International long-term car park occupancy: 2009 vs 2010
  • 2010 duty free sales: % variance to 2009
  • Passenger growth rates: Jul-2010 to Dec-2010
  • Significant route development commencing in the six months to 31-Dec-2010
  • Significant route development announced to start from Jan-2011
  • New Zealand international arrivals by region
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.