Air New Zealand reports October growth, unveils loyalty program refresh and new routes

Air New Zealand reported a 4.4% increase in group capacity for October 2025 compared to the same month last year. This growth was primarily driven by a 17.0% surge in short haul international capacity, supported by the addition of two new A321 aircraft. Group year-to-date underlying RASK improved by 0.5% versus the prior year, while long haul YTD RASK was up 1.2%, primarily due to improved performance in Asia.

The airline announced a share buyback program cancellation effective November 25, 2025, having acquired approximately 133 million shares for an aggregate consideration of $80 million, as it expects to be within its liquidity target range by the end of the 2026 financial year. Concurrently, Air New Zealand unveiled "Koru," a significant refresh of its loyalty program, set to transition from April 2026, introducing new tiers like Koru Black and enhanced benefits.

In network expansion, Air New Zealand launched a new seasonal non-stop service between Queenstown and Brisbane, operating three times a week from June 22 to October 23, 2026, offering over 17,000 seats. Additionally, new non-stop flights from Christchurch to Rarotonga will commence from May to October 2026, operating up to three times a week with 18,000 seats. The airline also began its first-ever Christchurch–Adelaide service on October 27, 2025, operating twice weekly.