HR Flashcards
1940’s
- founded as TEAL
- began with flying boats running from Aucklands Waitemata Harbour to Sydney
1960’s
- NZ govt brought full ownership of TEAL
- rebranded as Air NZ (1965)
- began flying to US and Asia in the DC-8
1970’s
- began operating DC-10’s
- expanded their routes
- end of 1970’s Erebus disaster killing 257 (DC-10)
1980’s
- First B747 arrived
- Air NZ was privatised (1989)
1990’s
- Acquired 100% of air Nelson, mount cook and eagle airways
- late 90’s Air NZ purchased Ansett - Ansett collapsed and put Air NZ in a bad financial position where they made a 1.3B loss
2000’s
- brink of collapse, NZ govt offered a rescue package incl $900m boost to take up 80% ownership of the company
- launched new low cost airfare model
- announced purchasing new beechcraft 1900
- first ATR72-500 purchased - Last one replaced recently
- new order A320-20
- 23 Q300 ordered (still in operation)
Majority of ticket sales went to being purchased online
2010’s
- first 777-300ER
- first ATR72-600 - now operates 29
- Nz govt reduced share to 53%
- first B787-9 Dreamliner
- ordered new 787-10 Dreamliners
- announced non stop AA-NY
- Greg Foran announced new CEO
- air nz consolidated mount cook and air Nelson AOC to be under Air NZ’s
2020’s
- COVID
- announced reducing long haul capacity by 85% and cutting 30% of staff
- Govt offered $900m Loan
Recent
- underwent equity raising, raising a further 1.2b, that along with the govt loan had allowed Air NZ to move from the survive stage to the revive stage of the Kia Mau Strategy
- with international flights resuming and increased pax numbers they’re looking to make their first profit since 2020 and pay back the govt Loan
- under Greg Foran, Air NZ have undertaken the corporate strategy of Kia Mau, where they’re aiming to survive, revive and thrive through covid - over the next 5 years they want to thrive by their 3 revenue opportunities - grow domestic, optimise international and lift loyalty
- they’re aiming to do this by the 4 business drivers - brilliant basics, serious about sustainability, digital dexterity and prioritising people and safety
Future
Looking into the future…
- Air nz have recently had their first delivery of SAF arrive in the country
- they’ve just announced a goal of flying zero emission aircraft with the aim of flying its demonstration by 2026
- New A321neo arrived for domestic use
Tiake Promise
- Tiake means to care and protect
- protect nature
- keep NZ clean
- drive carefully
- be prepared
- show respect
Kia Mau strategy
In the next 5 years to deliver on a thriving air nz:
- grow domestic
- optimise international
- lifting loyalty
4 business drivers
- brilliant basics
- serious about sustainability
- digital dexterity
- prioritising people and safety
Air NZ fleet
- 777-300ER x1 (6 in storage)
- 787-9 x14
- A320 short haul x1
- A320 domestic x17
- A320neo/A321neo x13 (7 on order)
- ATR72-600 x29
- Q300 x23
IAANZ core values
- Everyone gets home safe
- One crew
- Own it
- Seek excellence
- Passion for learning
Air nz employees/fleet
Employs over 8000 people and has a fleet size of 98 aircraft
1950’s
- NZ govt brought 50% shares of TEAL, Aus govt brought the other 50%
CEO
Greg Foran
Chief financial officer
Richard Thomson
Chief corporate affairs officer
Mat Bolland
Chief people officer
Nikki Dines
Chief customer and sales officer
Leanne Geraghty
Chief operating officer
Alex Marren
Chief operational integrity and safety officer
David Morgan
Senior fleet manager Q300
Steve fountain
Deputy fleet manager Q300
Scott Hickey
Deputy fleet manager Q300
Natasha Politakis
Deputy Fleet manager ATR
Lance Emanuel
The symbol of our character
aircraft tails bear the Māori symbol of the Mangopare, or hammerhead shark. Represents strength, tenacity and resilience. The symbol is also known as the koru, the sign of new life, renewal and hope for the future
Price of crude oil
$166NZD barrel (1 barrel = 42 US GAL)
Air NZ share price
NZD 0.82
Lowest = 0.55NZD (27/03/2020)
Price of Aviation Fuel
Jet A1/barrel $141.2USD ($251.54NZD)
Flight NZ0
- goal of achieving zero emissions by 2050
- flight NZ0 is a commitment that we will find a more sustainable way to connect with the world and reach our goal of net zero carbon emissions by 2050
Project green
- ## enables used items from a flight service that previously would have gone to waste to be put in a subsequent flight provided they come off the aircraft sealed and untouched
Continued fleet renewal
- average fleet age: 6.7 years
- replace ATR500 with 600’s
- plan to replace Q300 with electric aircraft
- by 2028 Air nz will operate only 2 types of aircraft in its main fleet - 787 and A320
- 787 more fuel efficient than 777 - 777 phased out by 2027
- having fewer in the fleet saves money by streamlining training and maintenance
Ground changes - sustainability
- APU off and connected to electricity while at the gate
- reducing weight on aircraft to reduce fuel burn
- significant fuel savings by route optimisation and tailored arrivals and departures
Working with DOC
Great walks: specie monitoring, tracking and environmental maintenance
- air nz transports threatened species and conservation dogs that work to protect them around the country
- flys birds, reptiles and invertebrates for genetic and population management, to see a vet for an illness or to establish new population at safe breeding sites
Fly neutral: carbon offset programme
Let’s Pax offset their carbon emissions with carbon credits
75% of fly neutral contribution goes to ‘Trees that count’
Air NZ core values
- be yourself
- welcome as a friend
- share your Aotearoa
- can do
Pa28-181
MCTOW: 1156kg
Empty weight: 790kg
Fuel cap: 180L
Fuel burn: 38L/hr
Crosswind: 17kts
Pa28-181 speeds
Va: 113
Vs1: 50
Vs0: 45
Vy: 76
Vx: 64
B-Cat SOPs
Cloud: 1000ft
Wind: 35kts
Wind alt: 35kts
Wind mount: 20kts
Vis: 5km
Emergency talk
Inquiry
Advocacy
Assertion
Risk or danger
PF you must listen
Confidential occurrence report
Jump straight to assertion if urgent
