25-Mar-2011 4:19 PM
Air New Zealand short-haul yield weakens, long-haul improves; pax growth in Feb-2011
Analysis
Air New Zealand, in its Feb-2011 traffic release, stated group-wide yields for the financial year to date (eight months to Feb-2011) have increased 1.9% year-on-year. Short-haul yields are down 2.3% partly due to the new 'seats to suit' product while long-haul yields have improved by 5.5%. Removing the effect of foreign exchange, group-wide yields were up 4.6%.
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