Air New Zealand is the nation’s flag carrier. The airline operates flights to 20 domestic destinations as well as international destinations in Australia, the Pacific, Asia and North America.
Air New Zealand shares (AIR) are listed on the New Zealand Stock Exchange (NZX) and in Australia. Keep reading to find out how to buy AIR shares on the NZX.
About our promoted products: Our ‘promoted’ products are presented as a result of a commercial advertising arrangement or to highlight a particular feature. Promoted products are not a recommendation, an indication a product is the best in its category, nor represent all products in the market. It is important to compare your options and find the right product for you.
Some of our promoted products are CFD providers. CFDs are complex financial products and traders are at high risk of losing all of or more than their initial investment
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Air New Zealand started life as Tasman Empire Airways Limited (TEAL) in 1940. It was acquired by the NZ government and given its current name in 1965. The company was privatised in 1989 and merged with Ansett in 2000, but its near financial collapse in the ensuing years resulted in an $885 million government bailout. Today, 52% of Air New Zealand ordinary shares are owned by the New Zealand Government.
Prior to the COVID-19 pandemic, Air New Zealand’s network of domestic and international flights moved approximately 17 million passengers per year. The carrier offered over 3,400 flights per week, servicing 20 destinations in New Zealand and a host of destinations in Australia, Canada, the USA, Asia and the Pacific Islands.
Headquartered in Auckland, Air New Zealand also boasted a fleet of over 100 aircraft and more than 12,000 employees around the world.
Air New Zealand’s 2020 annual results, released in August 2020, revealed a disappointing year following the impact of COVID-19. The company reported a loss of $87 million for the 2020 financial year, with operating revenue down 16% to $4.8 billion. Total network capacity had also declined by 21% compared to the previous year.
But it wasn’t all bad news, with $449 million in cargo revenue representing a 15% increase on the prior year.
|Name||Air New Zealand Limited||Industry||Airlines|
|Type||Ordinary shares||Date listed on NZX||24 Oct 1989|
|End of financial year||June||Chief executive officer||Greg Foran|
We present the 10 best performing shares on the NZX over the last 3 months and show you how you can invest in them.
Want to buy shares in 23andMe? Here’s how you can buy ME shares from New Zealand.
Your easy-to-follow guide to buying Tower shares on New Zealand’s Exchange.
Are you a novice investor who wants to buy My Food Bag (MFB) shares on the NZX. We’ll show you how here.
If you want to buy DGL Group shares but don’t know how, this guide offers simple, step-by-step instructions.
The novice investor’s guide to buying HLG shares on New Zealand’s Exchange.
Your simple, step-by-step guide to buying Sanford shares on the NZX.
Want to buy EROAD shares on the NZX? We’ll show you how in this step-by-step guide.
The simple steps you need to follow if you want to buy AFT Pharmaceuticals shares on the NZX.
The first-time investor’s guide to buying VGL shares on the NZX.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.