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An update from Air New Zealand ( (ANZFF) ) is now available.
Air New Zealand reported a 4.8% decrease in group capacity for March 2025 compared to the previous year, influenced by reduced aircraft availability due to global engine maintenance requirements. Despite the capacity reduction, the airline saw a slight improvement in its year-to-date underlying RASK by 1.0%. However, short-haul RASK declined by 1.2% due to lower domestic demand, while long-haul RASK improved by 2.4%. The company attributes some of the previous year’s higher load factors to Easter and concert activities occurring in March.
More about Air New Zealand
Air New Zealand operates in the aviation industry, providing both domestic and international flights. The company focuses on long-haul and short-haul routes, including services to the Tasman and Pacific islands. It is a key player in the New Zealand travel market, offering passenger transport services.
Average Trading Volume: 490,176
Technical Sentiment Signal: Sell
Current Market Cap: A$1.79B
For an in-depth examination of ANZFF stock, go to TipRanks’ Stock Analysis page.