for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Air New Zealand Limited

AIR.NZ

Latest Trade

1.86NZD

Change

0.03(+1.64%)

Volume

896,880

Today's Range

1.84

 - 

1.86

52 Week Range

0.80

 - 

3.05

As of on the New Zealand Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
1.83
Open
1.84
Volume
896,880
3M AVG Volume
36.35
Today's High
1.86
Today's Low
1.84
52 Week High
3.05
52 Week Low
0.80
Shares Out (MIL)
1,122.81
Market Cap (MIL)
2,044.10
Forward P/E
-9.02
Dividend (Yield %)
6.01

Next Event

Air New Zealand Ltd Annual Shareholders Meeting

Latest Developments

More

Air New Zealand Says Still Expects To Make Loss In FY21

Air New Zealand Says Passengers Carried In October 690,000 Vs 1.40 Mln

Air New Zealand Says Metlifecare's Richard Thomson To Be Next CFO

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Air New Zealand Limited

Air New Zealand Limited is engaged in the transportation of passengers and cargo on an integrated network of scheduled airline services to, from and within New Zealand. The Company, through its subsidiaries, is also engaged in aviation, aircraft leasing and financing, investment, and engineering services. It is engaged in the operation of domestic and international passenger transport and cargo. Its operational fleet includes Boeing 777-300ER, Boeing 777-200ER, Boeing 787-9 Dreamliner, Boeing 767-300ER, Airbus A320-200, ATR 72-500/72-600, Bombardier Q300 and Beech 1900D. The Company offers check in and immigration services; baggage services, such as cabin baggage and excess baggage; on board flight services, and special assistant services for disable and pregnant people, and children, among others. The Company's short haul operations are represented in New Zealand, Australia and Pacific Islands, and its long haul operations are represented in Asia, North America and Europe.

Industry

Airline

Contact Info

185 Fanshawe Street

1010

New Zealand

+64.9.3573000

https://www.airnewzealand.co.nz/

Executive Leadership

Therese Maria Walsh

Independent Non-Executive Chairman of the Board

Greg Foran

Chief Executive Officer

Richard Thomson

Chief Financial Officer

Carrie Hurihanganui

Chief Operating Officer

Jennifer Page

General Counsel and Company Secretary

Key Stats

4.00 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, NZD)

2018

5.5K

2019

5.8K

2020

4.8K

2021(E)

2.6K
EPS (NZD)

2018

0.344

2019

0.239

2020

-0.077

2021(E)

-0.203
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.42
Price To Book (MRQ)
1.56
Price To Cash Flow (TTM)
5.28
Total Debt To Equity (MRQ)
280.80
LT Debt To Equity (MRQ)
241.88
Return on Investment (TTM)
-8.73
Return on Equity (TTM)
-5.99

Latest News

Latest News

UPDATE 1-Air New Zealand has drawn down $72 mln of government loan

* Will refresh loyalty programme, improve digital tools (Adds comments from chairman and CEO)

Air New Zealand has drawn down $72 mln of government loan

Air New Zealand Ltd said on Tuesday it had drawn down NZ$110 million ($72.20 million) of a NZ$900 million government loan facility to date as it shored up liquidity to help weather the coronavirus pandemic.

Air New Zealand begins drawing down government debt facility, flags future capital raising

Air New Zealand Ltd <AIR.NZ> said on Friday it had begun to draw down on a NZ$900 million ($589.95 million) government debt facility that would give it time to review its capital structure and complete a capital raising by June 2021.

Air New Zealand begins drawing down government debt facility

Air New Zealand Ltd said on Friday it had begun to draw down on a NZ$900 million ($589.95 million) government debt facility that would give it time to review its capital structure and complete a capital raising by June 2021.

Air New Zealand plans to cut up to 385 more cabin crew jobs

Air New Zealand Ltd <AIR.NZ> said on Wednesday it aims to cut up to 385 more cabin crew jobs due to the lack of long-haul international flying, which would take its COVID-19 related job losses to around 37% of its workforce.

Air New Zealand plans to cut up to 385 more cabin crew jobs

Air New Zealand Ltd said on Wednesday it aims to cut up to 385 more cabin crew jobs due to the lack of long-haul international flying, which would take its COVID-19 related job losses to around 37% of its workforce.

Air New Zealand to draw on government loan after first annual loss in 18 years

Air New Zealand Ltd <AIR.NZ> plans to draw on a NZ$900 million ($596.34 million) government loan within days to help it weather the coronavirus pandemic after reporting its first annual loss in almost two decades.

Air New Zealand posts first annual loss in 18 years, forecasts loss in 2021

Air New Zealand Ltd on Thursday reported its first annual loss since 2002 and forecast a loss in fiscal 2021, hit by aircraft impairment charges and reorganisation costs from a coronavirus-fuelled slump in air travel.

Air New Zealand sees annual underlying loss of up to $77.5 million

Air New Zealand Ltd <AIR.NZ> on Thursday forecast an underlying loss of up to NZ$120 million ($77.50 million) for the financial year ending June 30, as it grapples with a plunge in air travel demand following the coronavirus outbreak.

'Survive, Revive, Thrive': Air New Zealand's 800-day runway to healthy profits

Air New Zealand <AIR.NZ> will be nimbler, fly fewer passengers and routes, and may cut more jobs as it targets a return to "healthy profits" by 2022, its chief executive said as he navigates the airline through the coronavirus crisis.

Air New Zealand targets 'healthy profits' by 2022

Air New Zealand on Monday began the second phase of a coronavirus-enforced cost-cutting plan that it said will save around NZ$150 million ($97.53 million) and help it return to "healthy profits" by August 2022.

Qantas, Air New Zealand to boost domestic capacity as restrictions ease

Australia's Qantas Airways Ltd <QAN.AX> and Air New Zealand Ltd <AIR.NZ> on Thursday outlined plans for significant boosts to domestic capacity as pandemic-related travel restrictions ease, sending their shares higher.

Air New Zealand set to boost domestic capacity to 55% of normal levels

Air New Zealand Ltd said on Thursday it would boost its domestic capacity to 55% of pre-pandemic levels during July and August as restrictions ease and travel demand increases.

Air New Zealand sees annual underlying loss due to coronavirus

Air New Zealand Ltd <AIR.NZ> said on Tuesday it would report an underlying loss in the financial year ending June 30 due to the coronavirus outbreak, but had slashed costs to the extent it had not yet needed to draw down a government loan.

Air New Zealand to boost capacity as virus curbs ease, but higher fares expected

Air New Zealand Ltd <AIR.NZ> said on Friday it would boost domestic capacity to 20% of usual levels once the country further loosens pandemic restrictions, but it cannot offer its lowest fares due to social distancing requirements.

Airlines line up furloughs; Air New Zealand sees smaller carrier in a year

Major global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand warning that it expected staffing levels to be 30% smaller than it is now, due to the coronavirus pandemic.

Air New Zealand to lay off 3,500 employees as virus halts travel

Air New Zealand <AIR.NZ> said on Tuesday nearly a third of its employees, about 3,500, will be laid off in the coming months, as it grapples with severe global travel curbs due to the coronavirus that has forced it to cancel nearly all flights.

Air New Zealand plans to lay off 3,500 employees amid coronavirus pandemic

Air New Zealand said on Tuesday that 3,500 employees will be laid off in the coming months, as it grapples with severe global travel curbs due to the coronavirus that has led to cancellation of nearly all its flights.

New Zealand steps up financial fight against coronavirus

New Zealand authorities increased financial aid for markets and bailed out the national airline on Friday, strengthening its efforts to prevent the economy from sinking into recession because of the coronavirus outbreak.

Air New Zealand gets $514 million lifeline from government as virus hits travel

Air New Zealand <AIR.NZ> said on Friday it was offered a NZ$900 million ($514 million) lifeline by the government to keep the airline flying as travel curbs to stem the coronavirus outbreak threaten the survival of many airlines globally.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up