New Zealand has been largely sealed off since the beginning of the corona pandemic. This also has an impact on Air New Zealand's financial figures: The carrier posted a loss of $ 30 million in the fiscal year ended June 2021, 201,1.

"Air New Zealand demonstrated agility in ever-changing operating conditions, managing reopenings, breaks and then closings while generating new revenue from additional freight routes and increasing domestic and regional passenger capacity to meet the increased demand for domestic vacation travel," said Air New Zealand Head of the company, Dame Therese Walsh.

Air New Zealand reported operating revenues of $ 12 billion for the 1,74 month period, a 48 percent decrease from the previous 12 months. Domestic capacity reached 93 percent of 2019 levels in July this year before lockdowns shorten ramp-up.

Air New Zealand closed the year with liquidity of $ 900 million. This includes $ 127,4 million in cash and the remainder from undrawn funds from a New Zealand government standby facility. The average monthly cash burn for the first half of this calendar year was $ 6,26 million.