Air New Zealand Limited (AIZ) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to AIR New Zealand 2025 Annual Results Call. During the presentation, your phone lines will be placed on listen only until the question and answer session. Please refrain from asking questions until that time. And with that, I will turn the call over to AIR New Zealand's Head of Investor Relations, Kim Coutts. You may begin. Kia ora and good morning everyone. Today's call has been recorded and will be accessible for future playback on our Investor Centre website. which you can find at www.earnewzealand.co.nz forward slash investor centre. Also on the website, you can find our annual results presentation, annual report and media release, as well as other relevant disclosures. I would like to take a moment to remind you that our comments today will include certain forward-looking statements regarding our future expectations, which may differ from actual results. We ask that you read through the disclaimer, and in particular, the forward-looking cautionary statement provided on slide two of the presentation. Joining me on the call today are Chief Executive Officer Greg Foran and Chief Financial Officer Richard Thompson. We'll also be joined by Layla Peters, our GM of Corp Finance, for the Q&A session at the end. The structure for today is straightforward. Greg will kick things off with some reflections on the 2025 financial year and what we're seeing as we look ahead. Richard will then step through the financial results. This year, we have also included a section on the longer-term strategic outlook in our PAC, which includes our current assumptions around fleet availability and our return to scale. With that, I will pass the call over to Greg. Thank you, Kim. Kia ora and good morning, everyone, and thanks for joining us on today's call. Before we get into the d...