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Wellington Airport Monthly Overview

14 May 2008

Wellington Airport Monthly Overview - April 2008

14 May 2008
April domestic passengers were 25% above the previous year, continuing to reflect the benefits of the competitive market on the domestic trunk routes. Pacific Blue continues to perform strongly and the other airlines are responding. Average seat loads in April of 75.4% was a marginal increase over 2007. This load factor result is exceptional given both the substantial (25%) increase in seat capacity and the fact that Easter was in March this year and April last year. This demonstrates the strength of domestic demand to and from Wellington when fares are at attractive levels.

International passengers were below the previous year by 4.5% following a 2% increase in available seats. The timing of the Easter holidays was a key factor, with a growth of 9% having been achieved in March 2008 compared to the previous year. The average load fell below 80% for the first time in some months however at 77% this still reflects healthy demand.

International services are the key focus of the Airport’s business development efforts. Despite the strong load factors and existing capacity constraints, winter will see less capacity to Sydney and Melbourne from Air New Zealand. Pacific Blue and Air New Zealand are both adding, however, capacity to Brisbane.

Site preparation works to enable construction of "The Rock" international terminal expansion are progressing. WIAL's replacement of two of the older air bridges was completed in April while construction of the Northern Runway Safety Area continued. The final tenant in the airport retail park, Bed, Bath & Beyond, commenced trading in April.


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