Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NEW ZEALAND STOCK EXCHANGE  >  Air New Zealand Limited    AIR   NZAIRE0001S2

AIR NEW ZEALAND LIMITED (AIR)
Mes dernières consult.
Most popular
Report
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Air New Zealand Limited : Volcanic Ash - Update 6

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/16/2011 | 12:15am CET

The New Zealand Metservice has advised that low areas of ash down to 10,000ft continue to cover parts of the east coast of the South Island affecting flights into and out of Invercargill, Dunedin and Christchurch only.

A total of eleven services were cancelled yesterday evening into and out of these airports as a result.

“Since areas of ash arrived in our airspace on Sunday, Air New Zealand has been working closely with CAA and Metservice to ensure flight paths continue to avoid areas of ash, however ash at these new low levels gives us no choice but to cancel some services this morning,” says General Manager Airline Operations and Safety and Chief Pilot Captain David Morgan.

All domestic services up until midday today are cancelled to and from:

  • Invercargill
  • Dunedin
  • Christchurch

Trans-Tasman services from Christchurch up until midday today are on hold - this affects the following flights:

  • NZ895 Christchurch-Melbourne which was due to depart at 0900
  • NZ803 Christchurch-Brisbane which was due to depart at 0910

A further update will be provided before midday.

“Air New Zealand will not fly through ash and will continue to take guidance from CAA and the Metservice to ensure we can carry passengers where safe routes and altitudes are available,” says Captain Morgan.

Air New Zealand has operated almost 2,000 flights and carried approximately 100,000 passengers since ash arrived in New Zealand airspace on Sunday.

Ends

Issued by Air New Zealand Public Affairs ph +64 21 747 320

Air New Zealand is proud to be a member of Star Alliance. The Star Alliance network was established in 1997 as the first truly global airline alliance to offer worldwide reach, recognition and seamless service to the international traveller. Its acceptance by the market has been recognised by numerous awards, including the Air Transport World Market Leadership Award, Best Airline Alliance by both Business Traveller Magazine and Skytrax. The member airlines are: Adria Airways, Aegean Airlines, Air Canada, Air China, Air New Zealand, ANA, Asiana Airlines, Austrian, Blue1, bmi, Brussels Airlines, Continental Airlines, Croatia Airlines, EGYPTAIR, LOT Polish Airlines, Lufthansa, Scandinavian Airlines, Singapore Airlines, South African Airways, Spanair, SWISS, TAM Airlines, TAP Portugal, Turkish Airlines, THAI, United and US Airways. Air India, Avianca-TACA, Copa Airlines and Ethiopian Airlines have been announced as future members. Overall, the Star Alliance network offers 21,000 daily flights to 1,160 airports in 181 countries.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIR NEW ZEALAND LIMITED
12/09 AIR NEW ZEALAND : Engine trouble hits Air New Zealand's 787 Dreamliners
12/09 AIR NEW ZEALAND : NZ forced to trim schedule due to 787 engine maintenance
12/09 AIR NEW ZEALAND : Engine trouble hits Air New Zealand's 787 Dreamliners
12/08 AIR NEW ZEALAND : NZ engine damaged in flight
12/08 AIR NEW ZEALAND : grounds flights on engines default
12/08 AIR NEW ZEALAND : and Singapore Airlines boost capacity through Changi
12/07 Air New Zealand cancels flights due to Rolls-Royce engines problem
12/07 AIR NEW ZEALAND : Engine troubles set Air NZ scrambling
12/07 Air New Zealand cancels flights due to Rolls-Royce engines problem
12/07 AIR NEW ZEALAND : Singapore Airlines And Air New Zealand To Boost Singapore-Auck..
More news
News from SeekingAlpha
08/24 Air New Zealand's Cash Flows Are Poised To Soar - Prepare For Even Higher Div..
07/10 AIR NEW ZEALAND : Growth and 6% Dividends Where You Might Not Think to Look
07/03 New changes in the airlines ETF
06/01 Air New Zealand Limited (ANZFF) Investor Presentation - Slideshow
03/07 The Investment Case For New Zealand
Financials ( NZD)
Sales 2018 5 372 M
EBIT 2018 587 M
Net income 2018 396 M
Debt 2018 1 076 M
Yield 2018 6,31%
P/E ratio 2018 9,15
P/E ratio 2019 9,55
EV / Sales 2018 0,88x
EV / Sales 2019 0,83x
Capitalization 3 638 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 3,21  NZD
Spread / Average Target -0,90%
EPS Revisions
Managers
NameTitle
Christopher M. Luxon Chief Executive Officer
Antony John Carter Chairman
Bruce Parton Chief Operations Officer
Robert Stuart McDonald Chief Financial Officer
Paul Jonathon Bingham Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
AIR NEW ZEALAND LIMITED2 487
DELTA AIR LINES, INC.6.51%38 116
RYANAIR HOLDINGS PLC22.19%24 528
AIR CHINA LTD.53.33%20 940
UNITED CONTINENTAL HOLDINGS INC-14.67%18 827
INTERNATIONAL CONSOLIDATED AIRLINES GROUP40.85%17 559