Air New Zealand could grow domestic business by 20%-30%

Air New Zealand Ltd (AIR.NZ) has the potential to grow its domestic business by 20%-30% from pre-pandemic levels over the next few years, its chief executive said on Tuesday.

“We’ve got a terrific domestic business here in Air New Zealand and we see an opportunity to grow that more,” Air New Zealand Chief Executive Greg Foran said at a CAPA Centre for Aviation event.

New Zealand’s international borders remain closed and the country will require travellers to isolate at home or a hotel for seven days on arrival when the country opens to foreigners on April 30.