|Bid||1.6600 x 588400|
|Ask||1.6650 x 508200|
|Day's Range||1.6500 - 1.6700|
|52 Week Range||1.3900 - 1.9600|
|Beta (5Y Monthly)||1.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 25, 2021 - Aug 31, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||N/A|
Air New Zealand Ltd is operating less than one-third of its usual domestic capacity due to tough COVID restrictions in Auckland and doubts whether a travel bubble with Australia will reopen, the airline's chief executive said on Thursday. "We're running almost 100% outside of Auckland," Air New Zealand CEO Greg Foran told Reuters in an interview. "It's a reasonable network but Auckland is literally two-thirds of the domestic network so it's a pretty significant impact to our business, not having Auckland operating at this stage."
"Being vaccinated against COVID-19 is the new reality of international travel – many of the destinations Kiwis want to visit are already closed to unvaccinated visitors," Air New Zealand's Chief Executive Officer Greg Foran said in a statement. New Zealand plans to reopen its international borders, which have been closed since March 2020 to anyone who is not a New Zealand citizen, early next year. Air New Zealand will implement the vaccination policy from Feb. 1, the airline said.
Air New Zealand Ltd said on Thursday it was studying how it could use low-carbon technologies like electric, hybrid or hydrogen powered planes to dramatically reduce emissions from shorter and regional flights as soon as 2030. The airline signed a memorandum of understanding with Airbus SE to research the impact hydrogen planes would have on Air New Zealand's network, operations and infrastructure. Airbus said it is hoping to bring a hydrogen plane to market by 2035 - a goal some industry officials and analysts believe to be ambitious.