Thursday, January 8, 2009
Tidbits from NZ annual report 2005
Who did the layout/styling of this report? A number of pages are very hard to read due to the combinations of background colour/pictures and text colour.
Aim to be number one in each market. What does this mean?
Flight NZ002 has been flying to London since 1982.
For 23 years, young New Zealanders on their “big
overseas experience” have departed on Air New Zealand
bound for Europe. A new Air Services Agreement
between the New Zealand and UK Governments means
that from the end of next year, that solitary daily flight will
have other services for company.
As mentioned by ntddevsys the 2 page picture of great wall of china is a strong hint of new destination.
Average fare on premium economy is 25% over economy. A bit higher than promoted but this may be merely a reflection of the high demand (lower % allocated to discounted buckets).
As previously reported, investigating self-check in kiosks for some international flights.
The 8th 744 which was originally scheduled to return to leasor has been retained for 5 more years and will be used to increase frequency on AKL-LHR route. [Note doesnt spell out whether via US or asia]
FLEET DELIVERY SCHEDULE
Year Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2006 Q300 Q300 Q300 Q300 Q300 Q300 Q300 Q300
A320 A320 A320 A320
2@B777 B777 B777 B777 B777
2007 Q300 Q300 Q300 Q300 Q300 Q300 Q300 Q300
B777 B777
2008 Q300
2011 B787 B787
Our intention to double our daily services between
New Zealand and the United Kingdom will significantly
improve cargo capacity to this market. The benefits for
cargo of this increase will have a greater impact in 2007
due to the timeframe of the new service.
FF provision decreased from $222m to $194m, about half assumed to be current and half non-current. The trend of prior years of more earned than redeemed or expired has reversed - through greater redemption/expiry (or else revaluation) as value of earned amount is stable at $110m.
Incidentally if anyone saw on One News last night – the background video showed a Koru Club Members checked bag being sent off with no priority tags, and a bit later a suitcase with a tacky priority tag on every handle going off. Clearly something needs to be done.
However there's likely to be an increase in redeeming/expiring airpoints (evidenced by reduction in non-current amount despite earned amount stable) and so any reduction in provision will be less than 30%.
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