What a bizarre and backwards looking way to read the report :confused:
June passenger numbers were up 18% overall and passenger revenue kms up even more at 33%. Most importantly overall load factor is 87.7%, the highest I have seen it in 20 years of watching off and on.
In June Air NZ was still scaling back up. The unsustainably high load factor shows they failed to do this fast enough especially across the Tasman and to the US.
Remember NZ only stopped breaking the law and let back in our own people a few months ago and many families were still blocked from re-uniting until a few days ago. Pre-flight tests were also still required in June. Still loads of pent up demand.
The money maker LAX route increasing to 17x weekly from Aug 15 shows the direction of travel.