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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Jetstar unveils its annual sale heading into Christmas season

Jetstar unveils its annual sale heading into Christmas season

Summary Jetstar has come up with its huge annual Christmas sale, with about 55,000 low fares across its domestic network and fares starting from as low as $25. The Christmas sale will begin from 12:01 am on 15 December till 11:59 pm on 19 Decem...

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Pasifika Air flights to Rarotonga may begin in June: Mike Pero

Pasifika Air flights to Rarotonga may begin in June: Mike Pero

Summary Pasifika Air may get the approval of the Civil Aviation Authority to serve as an airline in May 2021. The airline will operate three direct flights each week from Wellington and Christchurch on two leased Boeing 737-800s. At present, A...

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Air New Zealand (NZX:AIR) $49 airfare plans to meet increased travel demand

Air New Zealand (NZX:AIR) $49 airfare plans to meet increased travel demand

Summary Air NZ has declared airfares starting from as low as $49 on specific routes to avert a quiet period after Christmas or New Year. Leanne Geraghty airline's chief customer and sales officer stated that the airline would be adding about 16...

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Air New Zealand (NZX:AIR) adds more capacity to its flights amid huge Christmas demand

Air New Zealand (NZX:AIR) adds more capacity to its flights amid huge Christmas demand

Summary For the busy Christmas season, Air New Zealand is adding more seats to its domestic flights, upgrading the current Airbus A320 services to the Airbus A321 from 7 December to the end of December. The airline has suggested early bookings ...

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Air New Zealand (NZX:AIR) unveils domestic safety video

Air New Zealand (NZX:AIR) unveils domestic safety video

Summary Air NZ has released its first domestic-oriented safety video, which has been put together by teaming up with Tourism New Zealand. The video is called Aotearoa, the 8th Wonder of the World and shows crew members touring iconic places thr...

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Air New Zealand (NZX:AIR) awarded four months of additional cargo flights under IAFC Scheme

Air New Zealand (NZX:AIR) awarded four months of additional cargo flights under IAFC Scheme

Summary Air New Zealand has been awarded four months of additional cargo flights under NZ Government’s IAFC scheme. The IAFC award would support AIR’s international business till the international borders reopen. The IAFC scheme st...

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Air New Zealand Employs former Executive as its new Chief Financial Officer

Air New Zealand Employs former Executive as its new Chief Financial Officer

Summary Air New Zealand hired Richard Thomson as its new CFO. He will begin the new role from early 2021. Since last 3 years, Thomson has been Metlifecare’s CFO, post serving the airline for 13 years taking up various responsibilities. A...

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Air New Zealand Releases 2020 Sustainability Reports Highlighting Challenges and Opportunities

Air New Zealand Releases 2020 Sustainability Reports Highlighting Challenges and Opportunities

Summary Recently, Air New Zealand (NZX:AIR) unveiled 2020 sustainability report, outlining opportunities and challenges ahead. The sustainability report majorly focuses on caring for the community and people, tackling climate change & carbo...

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Air New Zealand Staff fights the outsourcing heat

Air New Zealand Staff fights the outsourcing heat

Summary Air New Zealand has been lowering its employees due to a fall in passenger numbers on international routes amid border restrictions imposed due to COVID-19. Thousands of Air NZ workers have appealed the national carrier's management to ...

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Leading the way for a cleaner future: Tilt Renewable Energy; Stock up more than 35% from March Lows

Leading the way for a cleaner future: Tilt Renewable Energy; Stock up more than 35% from March Lows

The Renewable Energy sector has gained significant momentum and has led to a profound and complex transformation in the energy sector. The different types of renewable energy sources comprise of wind energy, solar energy, hydropower, biomass, biogas,...

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