Air New Zealand carried 1.05 million passengers in November, up 11% on the same month last year, but group-wide yields rose by 4.1%.The airline said there was good demand for its new "seats to suit" product on Tasman and Pacific routes. Revenue
Air New Zealand carried 1.05 million passengers in November, up 11% on the same month last year, but group-wide yields rose by 4.1%.
The airline said there was good demand for its new "seats to suit" product on Tasman and Pacific routes. Revenue per passenger kilometres rose 13.3%, which drove a 3.4 percentage point increase in load factor to 83.3%.
But short haul yields were down 1.3%, partly due to the new seats to suit product.
Long haul yields were up by 9.8%. Removing the impact of foreign exchange, group-wide yields were up 6.9%.
The airline increased capacity 3.9% in November from a year ago and revenue per passenger kilometres rose 6.5%. Overall, the group load factor increased by two percentage points.
Demand increased in the domestic market by 12.9% on last year and the load factor rose by 5.5 percentage points to 83% on a capacity increase of 5.5%.
Short haul passenger numbers were rose 12.4% and long haul passenger numbers rose 1.6%.
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