Korean traffic returns to pre-crisis levels. Air New Zealand yields showing signs of improvement

Air New Zealand reported smaller yield reductions in Feb-2010, although international yields continued to be battered, down 15.4% in the month. (This was off growth of 21.4% in Feb-2009 - the peak of the cycle for Air NZ - thanks to exchange rates at the time). International yields are down 13.3% in the year-to-date period (eight months to Feb-2010).