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Company info Flashcards

1
Q

Current JET A1 fuel price?

A

$90.1 USD/barrel July

$710 USD/Mtonne

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2
Q

2015/16 financial results? (profit/loss)

A

$457 million before tax

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3
Q

2014/15 financial results? (profit/loss)

A

$197 million before tax

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4
Q

What is the symbol on the Air NZ livery?

A

Iconic symbol: Koru

  • The koru is an abstract is an abstract of the mangopare
  • Mangōpare: (mango pair) Is a maori art-form depicting a hammerhead shark. Hammerhead shark with its strength and determination
  • Mangōpare is tenacious, highly social (like me) and when faced with a challenge, it never quits.
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5
Q

Air NZ Chief Pilot?

A

Captain David Morgan

  • At 23, Captain Morgan wrote a letter to himself saying he would be the chief pilot
  • Has been in the job for 32 years
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6
Q

Reasons for success?

A

Reasons for success:
• Air New Zealand is very good at innovation:
o Eg economy sky couch
o Voted best business class
o Up to date technology
• Very successful marketing campaigns
o In Australia the goose ad was an instant hit mixing. Dave the goose. Tongue in cheek humour about Pavlova, all blacks and not blowing one’s own trumpet.
o All Blacks Men in Black
o High profile and successful safety videos
• High-quality product that doesn’t take itself too seriously by mixing humour in the mix. Tongue in cheek ads and hilarious safety videos promote both the airline and the beautiful country of New Zealand
o Men in black safety video with Stan Walker
o Hobbit and New Zealand safety video

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7
Q

What are the 4 key core values?

A
  1. Be yourself
  2. Welcome as a friend
  3. Share your New Zealand
  4. Can do attitude
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8
Q

Challenges as a company?

A

Internationally:
- Increase in competition from Australian and Chinese Airlines

Domestically:
- Increase in competition from Jetstar NZ and Virgin NZ

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9
Q

What are the bases for Air Nelson?

A
  • Wellington
  • Christchurch
  • Nelson
  • Bombardier Dash 8 Q300
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10
Q

Who is the CEO of Air NZ?

A

Christopher Luxon

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11
Q

Which Alliance is Air NZ a part of?

A

Star Alliance

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12
Q

Who owns a controlling share in Air NZ?

A
  • NZ government owns 53%

- Share reduced from 73% to 53% in 2013

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13
Q

What year was Air NZ founded?

A

26 of April, 1940 (78 years ago)

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14
Q

What was the original company called that later turned into Air NZ?

A
  • Tasman Empire Airways Limited (TEAL)
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15
Q

What year did TEAL become wholly NZ gov owned?

A
  • 1965
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16
Q

Between which years was Air NZ privatised?

A
  • Between 1989 to 2001

- Near bankruptcy caused by failed tie up with Ansett

17
Q

How many ATRs does Mount Cook have in its fleet?

A
  • 27 in total
  • 09 ATR 72-500s
  • 18 ATR 72-600s

29 x ATR 72-600 in fleet by 2020

18
Q

How many Dash 8-300s does Air Nelson have in its fleet?

A
  • 23 in total
19
Q

What is the Air NZ Vision?

A

Vision
- We will strive to be number one in every market we serve by creating a workplace where teams are committed to our customers in a distinctively New Zealand way, resulting in superior industry returns.

20
Q

What are the Air New Zealand’s guiding principals?

A

Air New Zealand – Guiding Principles
1 - We will be the customers’ airline of choice when travelling to, from and within New Zealand.

2 - We will build competitive advantage in all of our businesses through the creativity and innovation of our people.

3 - We will champion and promote New Zealand and its people, culture and business at home and overseas.

4 - We will work together as a great team committed to the growth and vitality of our company and New Zealand.

5 - Our workplaces will be fun, energising and where everyone can make a difference.
(as seen on your boarding pass)

21
Q

Who in on the current executive committee?

A
  1. CEO: Christopher Luxon
  2. Chief Pilot: Captain David Morgan
  3. Chief People Officer: Jodie King
  4. Chief Operations Officer: Bruce Parton
  5. Chief Revenue Officer: Cam Wallace
  6. Chief Marketing: Mike Tod
  7. Chief Financial Officer: Rob Mcdonald
  8. Chief Strategy: Stephen Jones
  9. Chief Digital Officer: Avi Golan
  10. Chief of Air Operations and People Officer: John Whittaker
22
Q

What is ‘The Compass’?

A
  • Air NZ strategy for the next 3-5 years.
23
Q

What is the current Air NZ share price?

A
  • It has shown strong growth over the last few months.

- Checked early June between $3-3.2

24
Q

2016/2017 interim financial results? (released Feb 2017)

A
  • Earnings before taxation of 349 million.
  • 2014/2015: Earnings before taxation of 197 million
  • 2015/2016: Earnings before taxation of 457 million
25
Q

What awards has Air NZ won recently?

A

The list of awards is long and distinguished. Most notable are:

  • Airlineratings.com Airline of the year 3 years running
  • World’s best Premium Economy class 3 years running from SkyTrax
  • World’s Safest Airline 2014 JACDEC
26
Q

What fuel saving measures has Air New Zealand undertaken recently?

A
  • The first airline to take delivery of fuel efficient 787
  • Committed to operating a young and fuel-efficient fleet
  • Participated in Biofuel tests
  • Air NZ aspires to be the world’s most fuel efficient long-haul oceanic operator and as such are implementing a range of initiatives that will reduce the negative environmental impacts of our operations.
27
Q

How many 787 does Air NZ have in service and how many orders?

A
  • 9 in service

- 4 orders

28
Q

How many 777 does Air NZ have in service and how many orders?

A
  • 15 in total
  • 8 777-200ER
  • 7 777-300ER
29
Q

Who is the head of Mount Cook Airline?

A

Andrew Ward

30
Q

Who is the GM of Air Nelson?

A

Kelvin Duff

31
Q

How many A320s does Air NZ have?

A

30

32
Q

What is the Air NZ Go beyond strategy’s Purpose, Promise and Objectives?

A
  • Purpose: Supercharge NZ’s success socially economically and environmentally
  • Promise: Connect New Zealanders with each other and New Zealand with the world, through a liberating travel experience
  • Objectives: Create a world-class organisation by delivering cultural, customer and commercial excellence
33
Q

What are the five pillars of the Go beyond strategy?

A

CEEFW:

  • Customers at the Core: customers at the heart of everything they do
  • Expand the travel experience: Pursue opportunities to reinforce the core business
  • Execute the plan: Grow the business by developing Pacific rim markets
  • Fighting fit: Get rid of old fleets (767, B1900)
  • Winning team: High performance, high engagement culture

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