Air New Zealand Ltd
AIZ: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| LOCK|<t | LOCK|W^d | LOCK|&%hP$^ |
Air New Zealand: Weaker Passenger Numbers as Jets Stay Grounded
Air New Zealand's group capacity is down about 4% for the year to April 2025, with declines across all segments. Revenue per capacity is up about 2%, mostly due to fuller planes. Engine maintenance issues still limit aircraft availability, exacerbated by a soft economic backdrop in New Zealand.
