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Founded | 26 April 1940TEAL) | (as||||||
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Commenced operations | 1 April 1965 | ||||||
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Focus cities | |||||||
Frequent-flyer program | Airpoints | ||||||
Alliance | Star Alliance | ||||||
Subsidiaries | Air New Zealand Link | ||||||
Fleet size | 56 (excl. subsidiaries) | ||||||
Destinations | 52 (incl. subsidiaries) | ||||||
Parent company | New Zealand Government (53%) | ||||||
Traded as | NZX: AIR; ASX: AIZ | ||||||
Headquarters | Wynyard Quarter, Auckland City, New Zealand | ||||||
Key people |
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Revenue | NZ$4,925 million (2015) | ||||||
Operating income | NZ$1,161 million (2015) | ||||||
Profit | NZ$327 million (2015) | ||||||
Total assets | NZ$6,775 million (2015) | ||||||
Total equity | NZ$1,965 million (2015) | ||||||
Employees | 10,861 (June, 2015) | ||||||
Website | airnewzealand.com |
Air New Zealand Limited is the national airline of New Zealand. Based in Auckland, the airline operates scheduled passenger flights to 21 domestic and 31 international destinations in 19 countries around the Pacific rim and the United Kingdom. The airline has been a member of the Star Alliance since 1999.
Air New Zealand originated in 1940 as Tasman Empire Airways Limited (TEAL), a company operating trans-Tasman flights between New Zealand and Australia. TEAL became wholly owned by the New Zealand government in 1965, whereupon it was renamed Air New Zealand. The airline served international routes until 1978, when the government merged it and the domestic New Zealand National Airways Corporation (NAC) into a single airline under the Air New Zealand name. Air New Zealand was privatised in 1989, but returned to majority government ownership in 2001 after near bankruptcy due to the failed tie up with Australian carrier Ansett Australia. In the 2015 financial year to June, Air New Zealand carried 14.29 million passengers.
Air New Zealand's route network focuses on Australasia and the South Pacific, with long-haul services to eastern Asia, the Americas and the United Kingdom. It was the last airline to circumnavigate the world with flights to Heathrow via both Los Angeles and via Hong Kong. The latter ended in March 2013 when Air New Zealand stopped Hong Kong – London flights, in favour of a code sharing deal with Cathay Pacific. The airline's main hub is Auckland Airport, located near Mangere in the southern part of the Auckland urban area. Air New Zealand is headquartered in a building called "The Hub", located 20 km (12 mi) from Auckland Airport, in Auckland's Wynyard Quarter.