Auckland Airport busier than major aviation hubs around the globe | NZX Market Update

  • Jul 31, 2020 NZST
  • Team Kalkine

Jetstar is ramping up its domestic flight schedule to keep up with demand, the airline says. It will return to 90 per cent of its normal domestic schedule in New Zealand (100 return weekly flights across six routes) from August. The airline had been operating 75 flights, or 60 per cent of its schedule before the Covid-19 pandemic, across five locations (Auckland, Wellington, Christchurch, Queenstown and Dunedin) in July. Jetstar said it planned to operate at 90 per cent capacity until the end of October before determining its schedule from November onwards.

With borders closed and international tourists gone, Queenstown has suddenly become a much cheaper place to rent. Figures from website Trade Me show the median weekly rent advertised in Queenstown-Lakes has fallen 28 per cent on a year ago, dropping in June to $550. That put the tourist town just a little higher than the national median weekly rental of $510, which was 2 per cent higher in June than a year ago. The number of listings in Queenstown have also soared, by 152 per cent. Queenstown’s $210 rental drop was the biggest in seven years and “staggering” after peaking at $800 in January.

Auckland International Airport is busier than some of the largest airports in Australia and Asia thanks Kiwis embracing domestic travel after coming out of lockdown. In June Auckland Airport had 231,600 passengers travel through its international and domestic terminals, of which about 89 per cent were flying domestically. While that’s 85 per cent down on the 1.5 million passengers it had in the same month last year, it’s 25 per cent more than Sydney Airport, 20 per cent more than Brisbane Airport, 79 per cent more than Changi in Singapore, and 75 per cent more than Hong Kong.

#Auckland #Jetstar #Newzealand #Kalkine

 


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