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MAY 2023

Week 19

News

Air New Zealand reports international capacity close to pre-pandemic levels

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May 11th 2023

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Air New Zealand (Air NZ) said international network capacity was 91% of pre-COVID-19 times and continuing to increase. Read More » Broken down into geographic regions, the Star Alliance member's Asia network is 117% of pre-COVID-19 flying, capacity on the carrier’s Tasman and Pacific Islands network is “nearing 2019 levels” and North America is “close” to 2019 numbers. Air NZ's domestic network already is matching its performance of four years ago. “Our network and our capacity have recovered at extraordinary speed,” Air NZ CEO, Greg Foran, said in prepared remarks to a New Zealand tourism conference, TRENZ. “We are conscious more seats lead to more affordable pricing.” Air NZ is planning to invest NZ$3.5 billion (US$2.2 billion) to 2028 in new aircraft and cabin upgrades for its 14 787s. It also is in final negotiations about the introduction of an eighth 777-300ER to its fleet.

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