Air New Zealand carried 10% fewer passengers in last fiscal

 

Bloomberg

Air New Zealand carried 10% fewer passengers in the last financial year, while volumes remain less than half pre-Covid levels. Passengers carried fell to 7.7 million in the year ended in June 30 from 8.6 million a year earlier, the carrier said in Wellington. The total slumped from 17.7 million in the year through June 2019.
New Zealand shut its border to foreign travelers in March 2020, depriving Air New Zealand of its long-haul and trans-Tasman business and forcing it to ground aircraft and fire workers. Since the nation began progressively reopening to overseas travellers in April, the airline has slowly started adding capacity on selected routes amid signs that tourist demand is growing ahead of the Southern Hemisphere summer.
The report showed passengers carried to Australia and other South Pacific destinations rose 90% to 734,000 in the year through June, while long-haul volumes more than doubled to 175,000.

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