skip to main content

Air New Zealand picks Boeing for wide-body jets order - sources

Air New Zealand selects Boeing for wide-body plane order
Air New Zealand selects Boeing for wide-body plane order

Boeing has won a hard-fought contest to sell wide-body aircraft to Air New Zealand, beating a challenge from Europe's Airbus, industry sources said today. 

The carrier currently operates only Boeing wide-body jets on long-haul routes and Airbus single-aisle jets on shorter ones.

It has been considering the purchase of new wide-body jets to replace eight Boeing 777-200ER aircraft. 

The airline has said it is examining the Airbus A350 and the Boeing 777X or 787 models, with the aim of launching longer routes like Auckland-New York and Auckland-Brazil. 

Air New Zealand's Finance Director Jeff McDowall said in an analyst briefing in March that a decision on the aircraft purchase should be made in the next few months.

But he added that the airline would need fewer replacement jets than originally anticipated in 2023 due to network changes. 

The airline launched a two-year cost reduction programme in March and deferred aircraft capital expenditures of about NZ$750m as part of a business review. 

In February, it slashed domestic fares by as much as 50% in a shake-up of its pricing structure in response to the slackening travel market.