Air New Zealand Limited (ANZLY)
Air New Zealand Limited operates in the Airlines, Airports & Air Services industry of the Industrials sector, headquartered in Auckland, NZ. The stock last traded at $1.05, down 12.50% on the session, giving a market capitalisation of $679.0M. On trailing twelve-month figures it carries a trailing P/E of -64.84, a net margin of -0.3%. Its beta of 0.55 implies it has historically moved less than the broad market.
Air New Zealand Limited, an airline based in Auckland, New Zealand, specializes in scheduled transportation for both passengers and freight. Its operations span a wide international network, reaching Australia, the Pacific Islands, Europe (including the United Kingdom), Asia, and the United States, in addition to its domestic routes within New Zealand. Beyond its core flight services, the company delivers various ancillary aviation support, including ground operations, extensive engineering and maintenance – encompassing aircraft and component repair, overhaul, and upkeep – as well as aviation consultancy and financial services for aircraft leasing. As of June 30, 2022, Air New Zealand managed a diverse fleet, featuring 7 Boeing 777-300ERs, 14 Boeing 787-9 Dreamliners, 13 Airbus A320/321NEOs, 18 Airbus A320CEOs, 29 ATR 72-600s, and 23 Bombardier Q300 aircraft. Established in 1940, the company originally operated as Tasman Empire Airways Limited before officially adopting its current name, Air New Zealand Limited, in April 1965.
Air New Zealand Limited is most often compared with the following Industrials names: