Air New Zealand CEO Christopher Luxon to resign

Air New Zealand Chief Executive Officer Christopher Luxon has resigned this evening and will step down from day to day leadership of the airline on September 25. Chairman Tony Carter says Mr Luxon has made an outstanding contribution to the airline, which has experienced a period of enhanced profitability, strong dividends to shareholders, record customer satisfaction scores, outstanding brand health and the best corporate reputation in New Zealand and Australia during his seven year tenure. "It was on this day seven years ago that Christopher's appointment to the role of Chief Executive Officer of Air New Zealand was announced," Mr Carter says. "The opportunity to lead New Zealand's most iconic company will attract many great candidates both internationally and within New Zealand. The Board has commenced an international search and expects to be in a position to announce the appointment of a new Chief Executive Officer in the near future." "Further, Christopher will be in the role until 25 September, and then he will move to advising and supporting the incoming Chairman and new CEO so we have a seamless transition and are set up well for further success." For media questions, please contact 021 747 320 or email media@airnz.co.nz. For investor-related questions, please contact Head of Investor Relations, Leila Peters via email at leila.peters@airnz.co.nz or +64 9 336 2607. Ends. End CA:00336303 For:AIR Type:ADMIN Time:2019-06-20 08:30:43