AIR NEW ZEALAND LIMITED
Air New Zealand Limited (NZBN 9429040402543) is a private limited company registered in New Zealand under the Companies Act 1993, incorporated on 26 April 1940. It traded originally as Tasman Empire Airways Limited before adopting its current name on 1 April 1965, and its registry status is listed as active. The company’s registered office and principal place of business is Air New Zealand House, 185 Fanshawe Street, Auckland.
Air New Zealand Limited operates as New Zealand’s national airline, providing scheduled domestic and international passenger and cargo air transport services. It holds Civil Aviation Authority authorisations under Civil Aviation Rules Parts 121 (large aeroplane operations), 125 (small aeroplane operations) and 129 (foreign air operator), serving a network across New Zealand, the Pacific, Australia, Asia and long-haul routes to North America and the United Kingdom.
Air New Zealand Limited’s ordinary shares have been listed on the New Zealand Stock Exchange (NZX: AIR) since 24 October 1989 and on the Australian Securities Exchange (ASX: AIZ) since 1 July 2002. The shares carry a Non-Standard (NS) designation reflecting constitutional provisions attached to a special Kiwi Share held by the New Zealand Government, which gives the Crown consent rights over matters including the location of the company’s head office, the nationality of the board chairperson, board composition, and foreign-ownership limits requiring the company to raise NZ$1.03 domestically for every NZ$1.00 of foreign equity raised.
For the financial year ended 30 June 2025, the Air New Zealand Group reported passenger revenue of NZ$5.9 billion, down 2 percent year-on-year, earnings before taxation of NZ$189 million (down from NZ$222 million in FY2024), and net profit after taxation of NZ$126 million, as announced on 28 August 2025. These are consolidated group figures rather than standalone company-level results. The decline was attributed mainly to reduced network capacity from global jet-engine maintenance constraints affecting up to six narrowbody and five widebody aircraft, partly offset by NZ$129 million in compensation received from engine manufacturers and approximately NZ$100 million in benefits from the company’s Kia Mau cost-transformation programme.
In February 2025 the company commenced an on-market and off-market share buyback programme of up to NZ$100 million, funded from existing cash reserves, structured so that the Crown’s proportionate shareholding is preserved as the total number of shares on issue is reduced.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
5
All disclosed shareholders of Air New Zealand Limited on the New Zealand company register are corporate or institutional entities rather than individuals, led by the Crown (recorded as “The Sovereign in right of New Zealand acting by and through their Minister of Finance”), followed by custodial and nominee entities including New Zealand Central Securities Depository Limited and New Zealand Depository Nominee Limited. The New Zealand Government has a long-standing public policy commitment, reaffirmed by the Minister of Finance, to maintain a majority Crown shareholding of no less than 51 percent. This commitment was exercised through the Crown’s pre-committed participation in the NZ$1.2-2.2 billion equity recapitalisation completed across 2021-2022, and continues through the Crown’s off-market participation in the company’s 2025-2026 share buyback programme, which is structured specifically so that the Crown’s proportionate holding is preserved as total shares on issue reduce. New Zealand Central Securities Depository Limited and similar depository/nominee entities hold shares in custody on behalf of underlying beneficial owners who are not individually named at the depository level. Because the exact register percentages move with each buyback tranche and capital action, the point-in-time holding shown in registry filings can differ from figures reported in government or market commentary for other dates.
Ultimate beneficial ownership
No natural-person ultimate beneficial owner can be identified for Air New Zealand Limited. The largest shareholder is the Crown, a sovereign state entity rather than a natural person, and the other major disclosed holders are custodial or nominee entities whose underlying beneficial owners are not disclosed at this level. No complete ownership chain is available that would allow a calculated effective percentage to be attributed to any individual.
Data availability
Classification: Major shareholders only. The New Zealand company register and NZX disclosures identify the largest holders and their approximate holdings, but do not identify the individual beneficial owners behind custodial and nominee shareholdings, and register snapshots can lag subsequent share buyback and capital-raise activity.
Sources
- New Zealand Companies Register / New Zealand Business Number register
- Air New Zealand Investor Centre, Share Buyback FAQs
- Beehive.govt.nz, “Govt to participate in Air New Zealand capital raise”, February 2021
- NZX, New Zealand’s Exchange, share buyback and substantial holding announcements
- The Treasury New Zealand, commentary on the Crown’s investment in Air New Zealand
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| THE SOVEREIGN IN RIGHT OF NEW ZEALAND ACTING BY AND THROUGH THEIR MINISTER OF FINANCE | 63.8% | New Zealand Companies Office | |
| NEW ZEALAND CENTRAL SECURITIES DEPOSITORY LIMITED | 19.2% | New Zealand Companies Office | |
| NEW ZEALAND DEPOSITORY NOMINEE LIMITED | 8% | New Zealand Companies Office | |
| BNP PARIBAS NOMINEES PTY LTD | 0.3% | New Zealand Companies Office | |
| FNZ CUSTODIANS LIMITED | 0.3% | New Zealand Companies Office |
Officers
5
As of August 2026, Air New Zealand Limited’s board comprises independent non-executive directors, chaired by Dame Therese Walsh, who was appointed a director and Chair on 1 May 2016. Other current directors identified on the company’s official board page include Neal Barclay (appointed 1 May 2025), Claudia Batten (appointed 28 October 2021), Dean Bracewell (appointed 20 April 2020), Laurissa Cooney (appointed 1 October 2019), Larry De Shon (appointed 20 April 2020) and Alison Gerry (appointed 28 October 2021). Executive leadership is headed by Chief Executive Officer Nikhil Ravishankar, who took up the role on 20 October 2025, succeeding Greg Foran. Nationality is not officially disclosed for any officer in the sources reviewed; where residence is disclosed on the company profile, it is a separate data point from nationality and should not be treated as equivalent to it.
Recent officer changes
- Nikhil Ravishankar appointed Chief Executive Officer effective 20 October 2025, succeeding Greg Foran; announced 29 July 2025 (source: NZX announcement / Air New Zealand media release).
- Neal Barclay appointed Independent Non-Executive Director effective 1 May 2025 (source: Air New Zealand Board of Directors page).
- Larry De Shon (director since 20 April 2020) announced his retirement from the board effective at the Annual Shareholders’ Meeting on 24 September 2026; Campbell Wilson and Robert McDonald have been appointed as new directors effective from that meeting, subject to shareholder election (source: company announcements, August 2026).
Data availability
Classification: Partial. Current board membership and appointment dates are published on Air New Zealand’s official investor pages and in NZX announcements. Resignation dates for former officers and nationality are not consistently disclosed in the sources reviewed; where not stated, nationality should be treated as not disclosed rather than inferred from name or residence.
Sources
- Air New Zealand, Board of Directors page (airnewzealand.com)
- NZX, New Zealand’s Exchange, Chief Executive Officer appointment announcement, 29 July 2025
- Air New Zealand Newsroom, CEO appointment media release, 2025
- NZX, New Zealand’s Exchange, director resignation announcement (Paul Goulter), 2024
- Company announcements on 2026 board changes ahead of the Annual Shareholders’ Meeting, reported August 2026
Group Structure
No corporate parent company has been identified for Air New Zealand Limited in the sources reviewed; it is the top-level operating and listed entity in its corporate group. The company’s constitution provides for a special Kiwi Share held by the New Zealand Government, which carries specific consent and control rights over matters such as head-office location, board composition and foreign-ownership limits, but this is a rights-bearing share rather than a shareholding that makes the Crown a corporate parent. Historically, Air New Zealand Limited operated regional services through subsidiary airlines Air Nelson Limited and Mount Cook Airline Limited under the “Air New Zealand Link” brand; both ceased independent scheduled flight operations and had their separate Air Operator Certificates retired in late 2019, with services integrated into the mainline Air New Zealand network. This is a historical operational integration rather than a currently confirmed dissolution of the underlying legal entities, which was not independently verified in the sources reviewed.
Data availability
Classification: Partial. No verified parent company was found in official filings, consistent with Air New Zealand Limited being the top-level entity in its group. A historical 2019 operational integration of two regional subsidiary airlines is documented in aviation trade press, but a complete, currently verified subsidiary register with registration numbers and ownership percentages was not independently confirmed from a primary registry or annual report source beyond what is already shown on this profile.
Sources
- Air New Zealand, Incorporation and Listing page (airnewzealand.com)
- Air New Zealand Constitution, dated 23 August 2019 (p-airnz.com)
- ch-aviation, “Air New Zealand to integrate Air Nelson, Mount Cook Airline”
- CAPA – Centre for Aviation, Mount Cook Airline profile
AIR NEW ZEALAND LIMITED
New Zealand
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Frequently Asked Questions
What does AIR NEW ZEALAND LIMITED do?
Air New Zealand Limited is New Zealand's national airline, registered under the Companies Act 1993 and incorporated on 26 April 1940, providing scheduled domestic and international passenger and cargo air transport under CAA Rules Parts 121, 125 and 129.
Who owns AIR NEW ZEALAND LIMITED?
Air New Zealand Limited's largest disclosed shareholder is the Crown (NZ Government), held via the Minister of Finance, alongside custodial and nominee entities such as New Zealand Central Securities Depository Limited; the Government maintains a long-standing policy commitment to a majority shareholding of no less than 51 percent.
Who is AIR NEW ZEALAND LIMITED's UBO (Ultimate Beneficial Owner)?
No natural-person ultimate beneficial owner is identified for Air New Zealand Limited; the majority shareholder is the Crown, a sovereign state entity, and other major holders are custodial or nominee entities whose underlying beneficial owners are not disclosed.
What is AIR NEW ZEALAND LIMITED's company registration number?
AIR NEW ZEALAND LIMITED's registration number is 9429040402543, filed with New Zealand Companies Office in New Zealand. Its current status on the register is active.
Is AIR NEW ZEALAND LIMITED still an active company?
AIR NEW ZEALAND LIMITED's status on New Zealand Companies Office is listed as active.
When was AIR NEW ZEALAND LIMITED incorporated?
AIR NEW ZEALAND LIMITED was incorporated on 26 April 1940, according to New Zealand Companies Office.
What is AIR NEW ZEALAND LIMITED's registered address?
The registered address on file for AIR NEW ZEALAND LIMITED is Auckland, New Zealand.
What legal structure is AIR NEW ZEALAND LIMITED registered as?
AIR NEW ZEALAND LIMITED is registered as a Private limited company (Ltd.) in New Zealand.
What is AIR NEW ZEALAND LIMITED's revenue?
For the financial year ended 30 June 2025, the Air New Zealand Group reported passenger revenue of NZ$5.9 billion, earnings before taxation of NZ$189 million and net profit after taxation of NZ$126 million, announced 28 August 2025 as consolidated group figures.
Is AIR NEW ZEALAND LIMITED listed on a stock exchange?
Air New Zealand Limited's ordinary shares are listed on the NZX (ticker: AIR) since 24 October 1989 and the ASX (ticker: AIZ) since 1 July 2002, carrying a Non-Standard (NS) designation reflecting Kiwi Share and foreign-ownership provisions in its constitution.
Who are the officers/directors of AIR NEW ZEALAND LIMITED?
As of August 2026, Air New Zealand Limited's board is chaired by Dame Therese Walsh (Chair since 1 May 2016); Nikhil Ravishankar became Chief Executive Officer on 20 October 2025, succeeding Greg Foran.
Does AIR NEW ZEALAND LIMITED have a parent company or subsidiaries?
No corporate parent company has been identified for Air New Zealand Limited, which is the top-level entity in its group; it previously operated regional subsidiary airlines Air Nelson Limited and Mount Cook Airline Limited, which ceased independent flight operations in 2019.
Can Zavia monitor changes to AIR NEW ZEALAND LIMITED's ownership over time?
This profile reflects a point-in-time snapshot from New Zealand Companies Office. Zavia's monitoring API can track changes to AIR NEW ZEALAND LIMITED's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access AIR NEW ZEALAND LIMITED's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including New Zealand, so records like AIR NEW ZEALAND LIMITED's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from New Zealand Companies Office and was last synced on 11 August 2026.