Industrial Stocks

Auckland International (NZX: AIA): What were highlights of Annual Meeting?

  • October 21, 2021 03:50 PM NZDT
  • Sonal
 Auckland International (NZX: AIA): What were highlights of Annual Meeting?

Highlights AIA’s operations continue to be impacted by the COVID-19 pandemic amid travel curbs and lockdowns. The Group’s revenue was down by 50% to $281 million in FY21. AIA remains optimistic for future growth as international tr...

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One Renewable Energy Stock for Long-term Growth

One Renewable Energy Stock for Long-term Growth

As the market players are aware, the growth prospects of the global economy were derailed because of the global pandemic. Lockdowns were imposed so that the spread of COVID-19 can be prevented. Several companies faced hurdles because of the imposed r...

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Air New Zealand (NZX:AIR) to increase flight capacities ahead of Waitangi Day

Air New Zealand (NZX:AIR) to increase flight capacities ahead of Waitangi Day

Summary Air New Zealand to add several seats on domestic flights over the iconic Waitangi Day weekend. With the aim of keeping the country well connected, there are going to be 76 one-way flights introduce das part of the ‘upgauging&rsquo...

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Auckland International Airport (NZX:AIA) total passenger volumes fall, while domestic numbers rise in December 2020

Auckland International Airport (NZX:AIA) total passenger volumes fall, while domestic numbers rise in December 2020

Summary Auckland International Airport stood at a robust spot before COVID-19 placed some unprecedented challenges for the business. Total passenger volumes fell by 69.7% in November 2020 and 70.3% in December 2020, respectively, compared to 20...

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Has Air New Zealand (NZX:AIR) emerged as the subject of most customer complaints?

Has Air New Zealand (NZX:AIR) emerged as the subject of most customer complaints?

Summary Air New Zealand amongst businesses that received most grievances in the past year. The pandemic related cancellations caused a lot of call volumes for the airline, leading to chaos and complaints. Amongst other most complain receiving ...

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Air New Zealand Employees soon to undergo Saliva based COVID-19 Tests

Air New Zealand Employees soon to undergo Saliva based COVID-19 Tests

Summary Saliva Based COVID-19 testing to be done for Air New Zealand employees, as part of a three-week trial. If proven to be effective, saliva-based tests might be used in addition to the nasal swab method to ensure fewer COVID-19 cases to ap...

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What’s the reason for Napier Port’s (NZX:NPH) high trade volumes for Q1FY21?

What’s the reason for Napier Port’s (NZX:NPH) high trade volumes for Q1FY21?

Napier Port Holdings Limited (NZX:NPH) posted increased trade volumes for Q1 ended 31 December 2020. Driven by growth in log exports, the Group recorded a rise of 8.2% in trade volumes for a total bulk cargo of 0.95 million for Q1 compared to the sam...

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Air New Zealand (NZX:AIR) incurred massive losses in 2020 amid COVID-19

Air New Zealand (NZX:AIR) incurred massive losses in 2020 amid COVID-19

Summary Air New Zealand operated at 50% capacity in 2020, incurring losses due to the coronavirus situation. Domestic flights did well post the lockdown, while most of the flights functioning during the lockdown were rescue flights. AIR has al...

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One Stock Set To Achieve Decent Growth Over The Long-term

One Stock Set To Achieve Decent Growth Over The Long-term

As the market players are aware that 2020 was an unforgettable year. The outbreak of the COVID-19 pandemic has impacted several industries and most of the companies witnessed the negative impacts. However, there are some companies which are now expec...

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Air New Zealand (NZX: AIR) fined $40,000 penalty for hiding information from NZX

Air New Zealand (NZX: AIR) fined $40,000 penalty for hiding information from NZX

Air New Zealand (NZX: AIR) has been penalised NZ$40,000 for not revealing material information to the NZX stock market before disclosing it to the public. The public censure of Air NZ was declared by NZ Markets Disciplinary Tribunal to the NZX ...

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How is Air New Zealand placed amid existing COVID-19 protocols?

How is Air New Zealand placed amid existing COVID-19 protocols?

Aviation industry on a global level was hit by the global pandemic and is now pinning their hopes on the vaccine. Air New Zealand, the flag carrier airline of New Zealand recently announced that it is increasing the capacity to fulfil its domestic s...

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