Air New Zealand release HY15 Interim Results

Air New Zealand have today announced their Interim Financial Results for the HY to December-2014.

Air New Zealand had a mixed result with its normalised profit up 20% to $216m, however its after tax profit slipped 6% to $133m.

Air New Zealand expect the full year profit to grow with fuel prices and hedge pricing in the second half year much lower due to weaker global oil prices.

The announcement also looks forward to the launch of AKL-EZE, new fleet arrivals, and the continues alliance with Singapore Airlines.

The airlines share price is currently up on the back of todays announcement.

Read more via stuff.co.nz HERE, The New Zealand Herald HERE or view the financial announcements and presentations via the New Zealand Stock Exchange HERE

Then there were 4

The Virgin Australia(NZ) fleet has dwindled to just 4 frames with the latest entering the Brisbane hanger for reintroduction to the Australian register and business class upgrade.

ZK-PBI operated its final flights as VA120/121 BNE-DUD-BNE on Sunday 22-February-2015 with its scheduled flight on Monday 23-February-2015 VA171/170 BNE-VLI-BNE cancelled. It was removed from the New Zealand register today Tuesday 24-February-2015.

Meanwhile its predecessor in the hanger VH-VOY (ZK-PBD) made its first flight this morning Tuesday 24-February-2015 as VA1384 BNE-ADL.

The CASA register has been updated and shows that 4 of the 5 ex NZ aircraft (excluding PBI) have been registered to Virgin Australia International with just VH-VUO (PBM) being registered to Virgin Australia (Domestic)  This gives the opportunity for these frames to once again fly the Tasman and Pacific Island routes with the New Zealand based crews.

However to this point only VH-VOO (PBA) and VH-VUB (PBJ) have flown international and both have operated on the Denpasar Bali routes.  Besides the remaining VA(NZ) aircraft the Tasman/Pacific Island routes have all been flown by the newer VH-YI* series aircraft.

VA(NZ) halfway through reintegration into VAI

The Virgin Australia NZ fleet currently sits at half of what it was, with the 5th frame heading into the Brisbane hanger for return to the Australian register and to have its business class upgrade.

ZK-PBD operated its final flight as VOZ175/176 BNE-NAN-BNE on Wednesday 18-February-2015 and was struck from the New Zealand register on Thursday 19-February-2015.  She will re-enter the Australian register as VH-VOY.

VH-VUB ex ZK-PBJ entered service with Virgin Australia operating VOZ773 BNE-CNS on Thursday 19-February-2015.