October 2023 Monthly traffic update & November 2023 Preview

October 2023 Monthly traffic update & November 2023 Preview For October 2023, total passenger volumes at Auckland Airport increased by 20% compared to October 2022 and were 86% of the October 2018 pre-COVID equivalent, the last full year not impacted by the COVID-19 pandemic. International passengers (excl. transits) increased by 43% versus October 2022 and represent 87% of the October 2018 equivalent. Transit passengers were up 33% compared to October 2022, representing 71% of October 2018 equivalent. Domestic passengers for October 2023 increased by 1% compared to October 2022 and represented 87% of October 2018 pre-COVID equivalent. Key Points: o International passengers (excl. transits) increased by 5% compared to the prior month. The recovery relative to pre-COVID levels decreased from 91% in September 2023 to 87% due to the timing of the New Zealand school holidays which started 23rd September this year compared with almost all of the school holidays occurring within October in 2018, starting on 29th September; o In late October, seasonal services from North America returned with Air Canada on Vancouver, American Airlines on Dallas (Los Angeles services to resume in December 2023), and United Airlines on Los Angeles. Delta also commenced year-round Los Angeles services with daily services until March 2024, decreasing to three per week during the New Zealand winter months; o Total passenger movements on the domestic network increased by 23k on the prior month, but declined to 87% of the pre-COVID level; o Queenstown Airport international passenger numbers increased 25% on the same month last year but domestic passengers were down 10%. November 2023 Monthly traffic preview For November 2023, total passenger volumes at Auckland Airport increased by 18% compared to November 2022 and were 87% of the November 2018 pre-COVID equivalent, the last full year not impacted by the COVID-19 pandemic. International passengers (excl. transits) increased by 31% versus November 2022 and represent 88% of the November 2018 equivalent. Transit passengers were up 12% compared to November 2022, representing 69% of November 2018 equivalent. Domestic passengers for November 2023 increased by 7% compared to November 2022 and represented 89% of November 2018 pre-COVID equivalent. Key Points: o International passengers (excl. transits) increased by 31% compared to November 2022 due to passenger numbers almost doubling on the Asia network, led by pronounced recovery on the Chinese, Hong Kong, and Japanese routes. The Americas route returned to pre-COVID levels for the month with 104k passengers traveling. The market has been stimulated by the return of the North American airlines to Auckland with six airlines serving mainland USA and Canada during November 2023; o Short-haul international demand continues to improve, increasing 14% on the year prior, representing a 90% recovery relative to pre-COVID levels. Increased airline capacity and improving load factors have resulted in passenger numbers to the Pacific Islands exceeding pre-COVID levels at 102k in the month; o Total passenger movements on the domestic network increased by 7% compared to November 2022 with a combined 14% increase on Christchurch and Queenstown routes; o Queenstown Airport international passenger numbers increased 18% on the year prior and domestic passengers increased 9% on the same month last year. Please see attached pdf for full report. End CA:00423450 For:AIA Type:GENERAL Time:2023-12-14 08:30:34