30 stories mentioning ASX:AIZUpdated 17d ago
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Air New Zealand (ASX:AIZ, NZE:AIR) logged NZ$0.074 in loss per share for the fiscal 2026, compared with a profit of NZ$0.032 a year ago, a Friday filing showed.For the 12 months ended June 30, operating revenue was NZ$7.02 billion versus NZ$6.76 billion previously, the dual-listed commercial airline added.
Air New Zealand (ASX:AIZ, NZE:AIR) said just over 83% of its flights arrived within 15 minutes of schedule in July, marking a 6.4 percentage point gain from a year earlier even as weather-related delay minutes rose 74%, according to a Wednesday statement.The company said it saw 246 fewer cancellations in July compared with last year as it improved disruption recovery through new technology.One of the top contributors to the annual improvement was a 41% decline in reactionary delay minutes, or when a delay to one flight has a knock-on effect on other flights later in the day. Compared with July 2025, 1,366 fewer flights were affected by knock-on delays, the company said."International on-time performance improved by more than nine percentage points, while Auckland, our largest and most complex operation, improved by almost 10 percentage points," said Kate Boyer, chief operations officer, ground and in-flight.Air New Zealand noted, however, that on-time performance eased from 86% in June.The company's New Zealand shares rose 1% in recent Wednesday trade, while its Australian shares fell 1%.
Air New Zealand (ASX:AIZ, NZE:AIR) and Air Chathams expanded their interline partnership to boost regional connections across New Zealand, according to a Wednesday statement.Under the expanded collaboration, customers traveling to and from the Chatham Islands will be able to book a single journey connecting them with Air New Zealand's domestic network.The partnership will also add Whanganui to the network, building on the launch of interline services to Whakatāne earlier this year, Air New Zealand said.The expanded network connectivity between starts from Aug. 13.Air New Zealand's Kiwi shares fell past 1% in recent Wednesday trade.
New Zealand shares ended higher on Tuesday as most Asian markets saw gains following a Monday rally in Wall Street shares.The S&P/NZX 50 Index rose 0.93% or 128.53 points to close at 13,903.46.On Monday, the Nasdaq Composite gained 2.1%, the S&P 500 added 1.5% while the Dow Jones increased by 1.3%."Risk markets have clearly turned a corner. If the constructive tone from European and U.S. equity markets carries through, buyers should emerge early in the session and provide support for regional risk assets," said Chris Weston, head of research at Pepperstone Group in Melbourne, as quoted by Reuters.On the domestic front, data shows consumer credit performance in New Zealand is continuing to improve, with consumer arrears falling to their lowest level since 2021 in June and residential mortgage arrears reaching their lowest point since December 2022, Centrix said in the July Credit Indicator report.Also, ANZ overall card spending showed a 0.5% lift in July in New Zealand, on a seasonally adjusted basis, with annual growth lifting to 6.1% from 5.8%, according to a report from the bank.In corporate news, Air New Zealand (ASX:AIZ, NZE:AIR) group capacity rose 1.3% year on year in June.
Air New Zealand (ASX:AIZ, NZE:AIR) group capacity rose 1.3% year on year in June, according to a Tuesday filing with the Australian and New Zealand bourses.Long-haul available seat kilometers (ASKs) edged down 0.5%, while domestic ASKs decreased by 3.6%, driven by targeted capacity reductions following the sharp increase in jet fuel prices after the conflict in the Middle East, per the filing.Short-haul international ASKs rose 3.6% year on year, driven by the introduction of two new A321 aircraft.Group year-to-date underlying revenue per available seat kilometer rose 2.2% from the prior year.The airline carried 1.4 million passengers in June, flat compared with the previous year, while the passenger load factor edged down 1.1 percentage points to over 81%, the filing added.
Auckland International Airport's (NZE:AIA, ASX:AIA) recovery is happening slower than expected due to disruption from the Middle East conflict, with June passenger statistics indicating volumes declining by 4.5% for domestic and 3.8% for international, Jefferies said in a Wednesday note.Passenger growth fell short of fiscal 2026 forecast as domestic passenger volumes grew by only 1.7% compared with the expected 2%, impacted by the decline in June.International passenger growth was only 1.6%, lower than the expected 3%, with the Middle East conflict causing a 62% drop in passenger volumes on affected routes, Jefferies said.However, flight capacity is expected to rebound in the next few months as Air New Zealand's (NZE:AIR, ASX:AIZ) wide-body aircraft constraints ease and Middle Eastern routes slowly recover.The recovery will also be supported by new incoming services from international carriers such as Thai Airways, Air Niugini, and Starlux.Jefferies reaffirmed its hold rating on Auckland International Airport and raised its price target to NZ$8.65 from NZ$8.49.Auckland International Airport shares fell nearly 2% in recent New Zealand trade on Thursday and 1% in Australia.
New Zealand shares ended flat on Tuesday as most Asian markets saw gains after the latest US inflation data lowered expectations of a Federal Reserve rate hike.The S&P/NZX 50 Index was little changed to close at 13,635.07.The US consumer price index declined 0.4% in June, its first monthly drop since May 2020 and the largest decline since April 2020, the Bureau of Labor Statistics said Tuesday. The consensus in a Bloomberg-compiled survey was for the index to move down by 0.1%.In domestic news, New Zealand's electronic card spending fell 1.2% month over month to NZ$9.71 billion in June on a seasonally-adjusted basis, compared with the 1.9% increase recorded in the previous month, according to data from Stats NZ.Also, a total of 3,083 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) Pulse auction held Tuesday, with supply ranging from 2,700 MT to 3,150 MT, according to data from the trading platform.Meanwhile, New Zealand's national median house price rose 0.7% to NZ$770,000 in June compared with June 2025, while national sales count fell 2.9% to 5,996, according to a report by the Real Estate Institute of New ZealandFurther, the number of motor vehicles currently licensed in New Zealand in June reached 4.6 million, slightly higher than a year ago, according to a report released by Stats NZMoreover, a survey conducted early this month showed that 60% of New Zealanders are still concerned about the impact of the Middle East conflict on their finances despite lower fuel prices, Westpac NZ said.In corporate news, Air New Zealand (NZE:AIR, ASX:AIZ) lost the top company spot on the Sharesies bundle for the first time since the index launched in 2023.Channel Infrastructure (ASX:CHI, NZE:CHI) said its fuel throughput for the June quarter fell 2% from a year earlier to 802 million liters amid higher fuel prices due to the Middle East conflict.
Air New Zealand (NZE:AIR, ASX:AIZ) lost the top company spot on the Sharesies bundle for the first time since the index launched in 2023, according to a report from the Sharesies investment platform.Rocket Lab moved up two spots from third place, overtaking Air New Zealand to become the most widely held stock on Sharesies, with Air New Zealand and Nvidia falling by one spot each to company rankings of two and three, respectively.SpaceX is a new entrant on the list at 11th position. Together, interest in SpaceX and Rocket Lab "may point to investors increasingly seeing the commercial space sector as a long-term growth opportunity," Sharesies said.Air New Zealand's Australian shares gained over 1% in recent Wednesday trade.
New Zealand shares closed higher on Tuesday as markets digested a rally in Wall Street shares on Monday.The S&P/NZX 50 Index rose 0.56% or 76.10 points to close at 13,621.66.On Monday, the Nasdaq Composite ended 2.1% higher, the S&P 500 gained 1.2%, while the Dow Jones added 0.6%.In domestic news, New Zealand business confidence rose 27 points to 37 in June, according to a report by ANZ.Also, New Zealand's lending from registered banks and non-bank lending institutions increased in May, driven by growth in housing, business, agricultural, and consumer loans, according to data from the Reserve Bank of New ZealandIn corporate news, Westpac Banking's (ASX:WBC, NZE:WBC) Westpac NZ renewed its 11-year loyalty partnership with Air New Zealand (ASX:AIZ, NZE:AIR), allowing the bank's customers to continue to earn points through the airline's Koru program.Vital Healthcare Property Trust (NZE:VHP) said it will undertake stage 2 of the Macarthur Health Precinct in New South Wales, an incremental development of NZ$99.3 million with a total project cost of NZ$112.2 million, to deliver a short stay surgical hospital and medical outpatient building.
Westpac Banking's (ASX:WBC, NZE:WBC) Westpac NZ renewed its 11-year loyalty partnership with Air New Zealand (ASX:AIZ, NZE:AIR), allowing the bank's customers to continue to earn points through the airline's Koru program, according to a Tuesday statement from the bank.The lender had researched into ways it can help them customers more value out of their card spending, especially at a time where costs are high for many, said Simon Macdonald, Westpac NZ head of everyday banking products. Additional "rewards innovations" was on the way.
Air New Zealand (NZE:AIR, ASX:AIZ) said it is implementing a strategy reset focused on three priorities, including customer first, targeted growth, and resilience, according to a Monday New Zealand and Australian bourse filing.The company said it is already seeing positive outcomes under its customer-first priority, including on-time performance improvement in fiscal 2026 year-to-date, while its targeted growth strategy has seen new Christchurch routes announced to Japan, Singapore, and Perth.Under its resilience priority, Air New Zealand said it is delivering on its cost-out program with about NZ$100 million of annualized benefits forecast to flow from fiscal 2027, while working with aircraft manufacturers to reprofile aircraft deliveries to smooth capital expenditure, it added.The company's fiscal 2026 loss before taxation guidance is unchanged at NZ$340 million to NZ$390 million.In a separate filing, the company disclosed the appointment of Kris Cudmore as chief financial officer, effective Aug. 3, succeeding Richard Thomson. Cudmore is currently the infrastructure, planning, and commercial lead at Air New Zealand.
New Zealand shares edged lower on Thursday as investors worldwide digested the interim peace deal signed between the US and Iran.The S&P/NZX 50 Index fell 0.22%, or 29.67 points, to close at 13,363.31.The US and Iran on Wednesday disclosed the text of an interim agreement signed by their presidents to end the war, with US President Donald Trump warning that the US would resume attacks and target Iranian officials if Tehran failed to meet its commitments, according to a Thursday Reuters report.In domestic news, New Zealand's economy expanded 0.8% in the March quarter, following a 0.5% expansion in the previous quarter, Stats NZ data showed.Also, the volume of job ads in New Zealand ticked 0.3% higher in May from April to post their 18th consecutive month of growth, according to an employment report by Seek.Further, productivity for small and medium-sized businesses in New Zealand is lagging behind Australia and the UK, but the sector has meaningful opportunities to bridge the gap over time, according to data published by Xero (ASX:XRO).Meanwhile, New Zealand's first-quarter gross domestic product (GDP) data showed that the economy was on an improving path until the conflict in the Middle East broke out, ANZ Research said in a note.In corporate news, Air New Zealand (ASX:AIZ, NZE:AIR) group capacity edged down 0.1% year on year in May.NZX (NZE:NZX) has effectively met its market operator obligations during the year ended Dec. 31, 2025.
Air New Zealand (ASX:AIZ, NZE:AIR) group capacity edged down 0.1% year on year in May, according to a Thursday filing with the Australian and New Zealand bourses.Long-haul available seat kilometers (ASKs) fell 1.3%, while domestic ASKs increased by 2.9%, supported by two additional A321 aircraft and partly offset by capacity cuts following higher jet fuel prices after the Middle East conflict, per the filing. Short-haul international ASKs rose 1.6% year on year.Group year-to-date underlying revenue per available seat kilometer rose 2.7% from the prior year.The airline carried 1.1 million passengers in May, down 0.3% from the previous year, while the passenger load factor edged down 0.1 percentage points to nearly 82%, the filing added.
New Zealand shares ended lower on Monday despite a broad-based rise in Asian shares after a Middle East peace deal was finally confirmed.The S&P/NZX 50 Index fell 0.25%, or 33.28 points, to close at 13,360.59.US and Iranian officials said they had reached a framework agreement to end the conflict, lift the U.S. blockade of Iran, and reopen the Strait of Hormuz, while Iran's nuclear program remains subject to further negotiations, Reuters reported on Sunday."The prospect of a sustained fall in energy prices changes the conversation for central banks just ahead of a flurry of policy decisions," said Sean Callow, a senior FX analyst at ITC Markets, as quoted by ReutersIn domestic news, New Zealand's services sector contracted further in May as weak consumer demand and rising costs continued to weigh on activity, according to a statement by BusinessNZ.Also, supplier costs for food supermarkets in New Zealand rose in May, marking an increase in the pace of growth after half a year of a slowdown, Infometrics said.Further, New Zealand's electronic card spending rose 2.2% month over month to NZ$9.85 billion in May on a seasonally-adjusted basis, compared with the 1.9% decrease recorded in the previous month, according to data from Stats NZMeanwhile, the volume of national home sales in New Zealand fell 12.6% year over year in May to 6,523, while the median sale price ticked 1.3% higher to NZ$775,000, according to data by the Real Estate Institute of New Zealand.In corporate news, Meridian Energy's (ASX:MEZ, NZE:MEL) retail contracted sales volumes rose to 860 gigawatt hours (GWh) in May from 798 GWh a year earlier.Air New Zealand (NZE:AIR, ASX:AIZ) said Saturday it expects services in and out of Wellington airport to mostly start operating as scheduled on Saturday, June 13, following a fire incident on the night of Friday, June 12.
Air New Zealand (NZE:AIR, ASX:AIZ) group capacity rose 2.4% year on year in April, according to a Tuesday filing with the Australian and New Zealand bourses.Long-haul available seat kilometers (ASKs) rose 0.3%, while domestic ASKs increased by 2.2%, per the filing.Short-haul international ASKs rose 6.9% year on year, supported by the addition of two new A321 aircraft.Group year-to-date underlying revenue per available seat kilometer rose 2.8% from the prior year.The airline carried 1.3 million passengers in April, up 2.2% from the previous year, while the passenger load factor rose to nearly 86%, up from around 84%, the filing added.The company's New Zealand shares were down 2% in recent Tuesday trade.
Air New Zealand (ASX:AIZ, NZE:AIR) shares were flat in recent Friday trade after the company and Singapore Airlines on Thursday agreed to expand their joint network by introducing new non-stop flights into Christchurch and increasing capacity into Auckland.Air New Zealand will launch three weekly flights between Singapore and Christchurch during the Northern Winter season, and will also add four weekly Auckland services during the period.The collaboration will increase the overall seat capacity between Singapore and New Zealand by 17% from late October 2026, the companies said.
Singapore Airlines (SGX:C6L) and New Zealand (NZE:AIR, ASX:AIZ) agreed to expand their joint network by introducing new non-stop flights into Christchurch and increasing capacity into Auckland, according to a company release on Thursday.Under the new arrangement, Air New Zealand will launch three weekly flights between Singapore and Christchurch during the Northern Winter season, taking the Christchurch operations to 12 weekly services.The New Zealand flight operator will also add four weekly Auckland services during the period.Air New Zealand is expecting a 17% increase in its overall seat capacity between Singapore and New Zealand from late October.
New Zealand shares ended higher on Wednesday as investors digested the Reserve Bank of New Zealand's decision to hold the official cash rate steady.The S&P/NZX 50 Index rose 1.21% or 158.07 points to close at 13,227.81.The Reserve Bank of New Zealand's (RBNZ) monetary policy committee decided to keep the official cash rate steady at 2.25%, according to a statement.Iran said on Tuesday that the US had breached a ceasefire by striking targets near the Strait of Hormuz, potentially complicating efforts to end the war, according to a Tuesday Reuters report.In corporate news, Scales (NZE:SCL) reaffirmed its market guidance of an underlying net profit after tax attributable to shareholders of between NZ$50 million and NZ$55 million for the full year.Air New Zealand (ASX:AIZ, NZE:AIR) informed customers of further flight cuts from August to October amidst a jet fuel crisis in the wake of the conflict in the Middle East, according to a report by Radio New Zealand.
Air New Zealand (ASX:AIZ, NZE:AIR) informed customers of further flight cuts from August to October amidst a jet fuel crisis in the wake of the conflict in the Middle East, according to a Wednesday report by Radio New Zealand.Under 2% of customers during the period would be affected, with the majority of impacted customers having the option to still being able to travel on the same day, the airline said.Those whose updated flight does not suit their plans can opt for a refund or a credit, the report added citing a spokesperson for Air New Zealand.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Transportation stocks advanced more than 2% at midday Thursday.Shares of Air New Zealand (NZE:AIR, ASX:AIZ) rose 5% in recent trade.Meanwhile, the energy minerals sector fell almost 2%.Shares of Channel Infrastructure (NZE:CHI, ASX:CHI) drove the decline, falling nearly 1% in recent trade.
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