Air New Zealand could grow domestic business by 20%-30% -CEO

Reuters

SYDNEY -Air New Zealand Ltd has the potential to grow its domestic business by 20%-30% from pre-pandemic levels over the next few years, its chief executive said on Tuesday.

“We’ve got a terrific domestic business here in Air New Zealand and we see an opportunity to grow that more,” Air New Zealand Chief Executive Greg Foran said at a CAPA Centre for Aviation event.

He said the airline’s domestic capacity, now running at about 40% of pre-COVID levels, should begin to recover starting next week as travel curbs on its biggest city, Auckland, are eased.

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Before Auckland was locked down over an outbreak of the Delta variant, capacity had returned to 90% of pre-COVID levels.


New Zealand’s international borders remain closed and the country will require travellers to isolate at home or a hotel for seven days on arrival when the country opens to foreigners on April 30..


(Reporting by Jamie Freed; Editing by Tom Hogue and Gerry Doyle)

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