Air New Zealand Ltd 2024 AR2
The report highlights Air New Zealand's performance and strategic progress for the fiscal year ended June 30, 2024, amidst significant operational and economic challenges. Despite a 65 percent decrease in net profit after taxation to $146 million, operating revenue increased by 7 percent to $6.8 billion, driven by a 23 percent capacity increase on international long-haul routes. The airline advanced its Kia Mau strategy, rolling out digital innovations like the Ops Collab app and upgrading check-in areas. In sustainability, the company established a Climate and Nature Fund, trialed next-generation electric aircraft, and achieved a 47.5 percent waste diversion rate, although it made the decision to withdraw from the Science Based Targets initiative due to external challenges.
Company: Air New Zealand Ltd
Sector: Industrials
Country: New Zealand
Year: 2024
Type: AR2
Pages: 61
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Air New Zealand Ltd
Annual Report
The report highlights Air New Zealand's performance and strategic progress for the fiscal year ended June 30, 2024, amidst significant operational and economic challenges. Despite a 65 percent decrease in net profit after taxation to $146 million, operating revenue increased by 7 percent to $6.8 billion, driven by a 23 percent capacity increase on international long-haul routes. The airline advanced its Kia Mau strategy, rolling out digital innovations like the Ops Collab app and upgrading check-in areas. In sustainability, the company established a Climate and Nature Fund, trialed next-generation electric aircraft, and achieved a 47.5 percent waste diversion rate, although it made the decision to withdraw from the Science Based Targets initiative due to external challenges.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Published
Aug 29, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees