Trade Now

Capital at risk Advertisement
Share Name Share Symbol Market Type
Air New Zealand Limited ASX:AIZ Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -1.56% 0.63 0.625 0.645 0.65 0.625 0.65 1,341,199 07:27:01

Air New Zealand Aims for Zero-Carbon Plane in Fleet by 2030

08/09/2021 11:26pm

Dow Jones News

Air New Zealand (ASX:AIZ)
Historical Stock Chart

From Sep 2020 to Sep 2022

Click Here for more Air New Zealand Charts.

By Stephen Wright


Air New Zealand should be trialing a zero-carbon aircraft in its fleet by 2030 and is exploring green hydrogen and electric options, according to its executive overseeing safety and sustainability.

The carrier has been in discussions with a couple of aircraft manufacturers about zero-carbon development, David Morgan told a Centre for Aviation online conference.

The airline's first use of a zero carbon aircraft could be for cargo rather than passengers and be a single-engine plane, he said. A viable 20-30 seat twin-engine plane that doesn't run on jet fuel is about a decade away.

"We are of the view that we would like to see a zero carbon in our fleet sooner rather than later," Mr. Morgan said. "I would actually quite like to see by 2030 an electric aircraft operating, probably as a pilot, as a trial."

The airline has a fleet of 96 planes in operation and 15 long-haul Boeing 777 planes in storage in the U.S. because of the pandemic.

As governments ramp up efforts to meet targets for reductions in carbon emissions, transport industries and aviation in particular are likely to face increased pressure from regulators and their customers to decrease reliance on fossil fuels.

Domestic routes would be the initial focus for Air New Zealand's use of zero-carbon aircraft.

The airline has 51 turbo prop planes that it uses on regional New Zealand routes and about half of them--Bombardier Q300 planes--have an average age of 14.5 years and will need to be replaced after 2030. Its ATR turbo props are an average of 4.5 years old.

"The aircraft that will replace them will be aircraft powered by some alternative power. So that's our expectation," Mr. Morgan said. "That's the challenge that we've put out to the industry."


Write to Stephen Wright at


(END) Dow Jones Newswires

September 08, 2021 18:11 ET (22:11 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Air New Zealand Chart

1 Year Air New Zealand Chart

1 Month Air New Zealand Chart

1 Month Air New Zealand Chart
ADVFN Advertorial
Your Recent History
Air New Ze..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220925 05:25:00