Air New Zealand Limited (AIR.NZ)
Air New Zealand Limited operates in the Airlines, Airports & Air Services industry of the Industrials sector, headquartered in Auckland, AUK, NZ. The stock last traded at $0.42, up 2.41% on the session, giving a market capitalisation of $1.37B. Its beta of 0.54 implies it has historically moved less than the broad market.
Air New Zealand Limited, founded in 1940 and headquartered in Auckland, New Zealand, primarily conducts scheduled passenger and cargo air transport operations. Its comprehensive service network covers New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. In addition to its core airline activities, the company provides a suite of ancillary aviation services, which include ground handling, maintenance, repair, and overhaul (MRO) for aircraft and their components, general aviation support, and aircraft leasing and financing. As of June 30, 2021, its fleet consisted of 7 Boeing 777-300ERs, 8 Boeing 777-200ERs, 14 Boeing 787-9 Dreamliners, 11 Airbus A320/321NEOs, 20 Airbus A320CEOs, 28 ATR 72-600s, and 23 Bombardier Q300 aircraft. The company was formerly named Tasman Empire Airways Limited before officially adopting Air New Zealand Limited in April 1965.
Air New Zealand Limited is most often compared with the following Industrials names: