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

Sydney Airport as Australia responds to the new Omicron coronavirus variant in Sydney
An Air New Zealand plane is seen plunging from the international terminal at Sydney Airport, as countries respond to the novel coronavirus variant Omicron amid the coronavirus disease (COVID-19) pandemic, in Sydney, Australia , November 29, 2021. REUTERS / Loren Elliott

December 7, 2021

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

“We have a great domestic business here in Air New Zealand and we see an opportunity for further growth,” Air New Zealand CEO Greg Foran said at an event. of the CAPA Aviation Center.

He said the airline’s domestic capacity, currently around 40% of pre-COVID levels, will begin to recover starting next week as travel restrictions in the airline’s largest city, Auckland. , is loosened.

Prior to Auckland’s lockdown due to the Delta variant outbreak, capacity was back to 90% of previous COVID levels.

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

(Reporting by Jamie Freed; Editing by Tom Hogue and Gerry Doyle) Air New Zealand can grow domestic business by 20% -30% -CEO

Bobby Allyn

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