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AIR logo

Air New Zealand NZSE:AIR Stock Report

Last Price

NZ$0.58

Market Cap

NZ$2.0b

7D

-3.3%

1Y

-23.5%

Updated

18 Apr, 2024

Data

Company Financials +

AIR Stock Overview

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States.

AIR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends3/6

Air New Zealand Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Air New Zealand
Historical stock prices
Current Share PriceNZ$0.58
52 Week HighNZ$0.84
52 Week LowNZ$0.58
Beta1.43
1 Month Change-2.50%
3 Month Change-9.30%
1 Year Change-23.53%
3 Year Change-65.69%
5 Year Change-78.73%
Change since IPO-92.59%

Recent News & Updates

Analysts Have Been Trimming Their Air New Zealand Limited (NZSE:AIR) Price Target After Its Latest Report

Feb 25
Analysts Have Been Trimming Their Air New Zealand Limited (NZSE:AIR) Price Target After Its Latest Report

Calculating The Intrinsic Value Of Air New Zealand Limited (NZSE:AIR)

Feb 20
Calculating The Intrinsic Value Of Air New Zealand Limited (NZSE:AIR)

Recent updates

Analysts Have Been Trimming Their Air New Zealand Limited (NZSE:AIR) Price Target After Its Latest Report

Feb 25
Analysts Have Been Trimming Their Air New Zealand Limited (NZSE:AIR) Price Target After Its Latest Report

Calculating The Intrinsic Value Of Air New Zealand Limited (NZSE:AIR)

Feb 20
Calculating The Intrinsic Value Of Air New Zealand Limited (NZSE:AIR)

These 4 Measures Indicate That Air New Zealand (NZSE:AIR) Is Using Debt Extensively

Dec 15
These 4 Measures Indicate That Air New Zealand (NZSE:AIR) Is Using Debt Extensively

Shareholders Will Probably Be Cautious Of Increasing Air New Zealand Limited's (NZSE:AIR) CEO Compensation At The Moment

Sep 19
Shareholders Will Probably Be Cautious Of Increasing Air New Zealand Limited's (NZSE:AIR) CEO Compensation At The Moment

Air New Zealand (NZSE:AIR) Has A Somewhat Strained Balance Sheet

Aug 28
Air New Zealand (NZSE:AIR) Has A Somewhat Strained Balance Sheet

Is Air New Zealand (NZSE:AIR) Using Debt In A Risky Way?

Nov 22
Is Air New Zealand (NZSE:AIR) Using Debt In A Risky Way?

Here's Why Shareholders Should Examine Air New Zealand Limited's (NZSE:AIR) CEO Compensation Package More Closely

Sep 15
Here's Why Shareholders Should Examine Air New Zealand Limited's (NZSE:AIR) CEO Compensation Package More Closely

Is Air New Zealand (NZSE:AIR) A Risky Investment?

Mar 31
Is Air New Zealand (NZSE:AIR) A Risky Investment?

When Should You Buy Air New Zealand Limited (NZSE:AIR)?

Feb 27
When Should You Buy Air New Zealand Limited (NZSE:AIR)?

The Air New Zealand Limited (NZSE:AIR) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

Feb 27
The Air New Zealand Limited (NZSE:AIR) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

If You Had Bought Air New Zealand's (NZSE:AIR) Shares Three Years Ago You Would Be Down 45%

Feb 09
If You Had Bought Air New Zealand's (NZSE:AIR) Shares Three Years Ago You Would Be Down 45%

Should You Review Recent Insider Transactions At Air New Zealand Limited (NZSE:AIR)?

Jan 13
Should You Review Recent Insider Transactions At Air New Zealand Limited (NZSE:AIR)?

What You Need To Know About Air New Zealand Limited's (NZSE:AIR) Investor Composition

Dec 18
What You Need To Know About Air New Zealand Limited's (NZSE:AIR) Investor Composition

Is There Now An Opportunity In Air New Zealand Limited (NZSE:AIR)?

Nov 27
Is There Now An Opportunity In Air New Zealand Limited (NZSE:AIR)?

Shareholder Returns

AIRNZ AirlinesNZ Market
7D-3.3%-3.3%-1.1%
1Y-23.5%-8.2%-4.5%

Return vs Industry: AIR underperformed the NZ Airlines industry which returned -8.2% over the past year.

Return vs Market: AIR underperformed the NZ Market which returned -4.5% over the past year.

Price Volatility

Is AIR's price volatile compared to industry and market?
AIR volatility
AIR Average Weekly Movement2.5%
Airlines Industry Average Movement4.7%
Market Average Movement4.1%
10% most volatile stocks in NZ Market7.7%
10% least volatile stocks in NZ Market2.4%

Stable Share Price: AIR has not had significant price volatility in the past 3 months.

Volatility Over Time: AIR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194011,650Greg Foranwww.airnewzealand.co.nz

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services. As of June 30, 2023, it operated a fleet of 7 Boeing 777-300ER, 14 Boeing 787-9 Dreamliner, 6 Airbus A320neo, 10 Airbus A321neo, 17 Airbus A320CEO, 29 ATR 72-600, and 23 Bombardier Q300 aircrafts.

Air New Zealand Limited Fundamentals Summary

How do Air New Zealand's earnings and revenue compare to its market cap?
AIR fundamental statistics
Market capNZ$1.97b
Earnings (TTM)NZ$328.00m
Revenue (TTM)NZ$6.73b

6.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AIR income statement (TTM)
RevenueNZ$6.73b
Cost of RevenueNZ$4.79b
Gross ProfitNZ$1.94b
Other ExpensesNZ$1.61b
EarningsNZ$328.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 22, 2024

Earnings per share (EPS)0.097
Gross Margin28.80%
Net Profit Margin4.88%
Debt/Equity Ratio77.2%

How did AIR perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

21%

Payout Ratio
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