Our Strategy Is Participating in Tourism: Air NZ CEO

The video discusses the growth of tourism in New Zealand, highlighting the country's strategic position in the Pacific Rim and the increasing number of tourists. It examines the impact of currency fluctuations and fuel prices on Air New Zealand's operations, emphasizing the airline's effective fuel hedging strategies and fleet efficiency. The video also covers the airline's route expansion into new markets and the associated opportunities. Finally, it addresses the risks of not converting market opportunities and the importance of focusing on controllable business factors.

What is one of the main reasons for Air New Zealand's growth in tourism?

• The decrease in aircraft prices

• The decline in the New Zealand dollar

• The increase in oil prices

• The rise in domestic travel

How much of the downward price on fuel did Air New Zealand manage to participate in?

• 50%

• 82%

• 100%

• 60%

What percentage of fuel costs is Air New Zealand hedged for the next half?

• 50%

• 90%

• 71%

• 30%

Which new destination was recently announced by Air New Zealand?

• India

• Vietnam

• Japan

• South Korea

What is considered the biggest risk to Air New Zealand's outlook?

• Increased competition

• Economic downturn

• Not converting market opportunities

• Rising fuel prices