January 2023 Monthly Traffic Update & February 2023 Preview

January 2023 Monthly Traffic Update and February 2023 Monthly Traffic Preview 73% of pre-COVID equivalent. In January 2023, total passenger volumes at Auckland Airport were 73% of the January 2019 pre-COVID equivalent in the last full financial year not impacted by the COVID pandemic. International passengers (excl. transits) were 69% of January 2019 numbers with transit passengers and domestic passengers at 58% and 81% respectively. Key Points: o January passenger numbers were impacted by the flooding event that occurred in Auckland on the evening of 27th January, with domestic services resuming at midday on 28 January and international services from 5am on 29 January; o Short-haul international passenger movements were 80% of the pre-COVID equivalent, with Australia 78% and Pacific Islands 89%. Long-haul international passenger movements were 56% of the pre-COVID equivalent, with North American routes recovering to 93%; o Domestic recovery reduced from 84% for December 2022 to 81% for January 2023. Prior to the 27 January flooding event, domestic passenger recovery was similar to December 2022; and o Queenstown airport international passenger numbers were 126% of January 2019, and domestic demand increased from the prior month to 97% of January 2019. February 2023 Monthly Traffic Preview 72% of pre-COVID equivalent. In February 2023, total passenger volumes at Auckland Airport were 72% of the February 2019 pre-COVID equivalent in the last full financial year not impacted by the COVID pandemic. International passengers (excl. transits) were 71% of February 2019 numbers with transit passengers and domestic passengers at 47% and 75% respectively. Key Points: o Passenger recovery during February 2023 decreased slightly from prior month to 72% due to the effects of Cyclone Gabrielle disrupting passenger travel; o Despite this, international passenger demand continued to improve, recovering to 71% compared to February 2019 with noticeably higher load factors on international services during the beginning and end of the month as travel plans were adjusted due to the recent weather events. It was pleasing to see eight international airlines carried more passengers during February 2023 than they did in February 2019; o North American routes continue to improve, recovering to 96% for the month with passenger demand to and from Canada exceeding February 2019 levels and USA demand recovering to 88%; o Short haul Pacific Island routes have recovered the most, at 93% of February 2019 numbers. Fiji and Cook Islands lead the recovery with passenger numbers on these two routes combined exceeding pre-COVID levels. The Tasman route is also improving with seven airlines operating to seven Australian ports. Traffic has recovered to 82% of February 2019, an impressive result considering that seat capacity has only recovered to 75% causing passenger load factors to increase by 7ppts; o Domestic passenger recovery during February 2023 decreased to 75% from 81% during January 2023 because of Cyclone Gabrielle disrupting passenger travel; and o Queenstown airport international passenger numbers were 121% of February 2019, and domestic were 86% of February 2019. Please see attached PDF for full report. End CA:00408425 For:AIA Type:GENERAL Time:2023-03-16 08:31:03