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Air NZ’s November passenger numbers rose 11%

Air NZ’s November passenger numbers rose 11%

Dec. 20 (BusinessDesk) - Air New Zealand Ltd., the national carrier, reported an 11% gain in passenger volumes last month from a year earlier, suggesting demand is returning to levels before the global financial crisis.

The airline carried a total 1,055,000 passengers in November, the company said in a statement. Revenue passenger kilometres rose 6.5%, capacity rose 3.9%, and group load factors increased by 2% percentage points.

The pick-up was driven by an increase in passengers on domestic and Tasman/Pacific routes, while the recovery in long-haul volumes was more subdued.

Domestic passengers rose 12% to 709,000 and Tasman/Pacific climbed 14% to 219,000.

Total long-haul volume rose 1.6% to 128,000, with growth on Asia/Japan/U.K. at 1.9% and North America/U.K. at 1.4%.

The shares rose 1.4% to $1.49.


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