Air New Zealand Limited (ASX: AIZ) has announced its monthly investor update for April 2018 and the following were notable statistics from the report (compared to April 2017):
- April 2018 total passenger growth of 8%
- Year to date (YTD) total passenger growth of 6%
- April 2018 total revenue passenger kilometre growth of 8.2%
Passenger growth is expected to continue as additional jet services are added such as the recently announced service between Dunedin and Auckland.
Higher passenger numbers are not only good for Air New Zealand but also Auckland International Airport Limited (ASX: AIA) which is the largest airport in New Zealand and Spark New Zealand Ltd (ASX: SPK) which is used by tourists visiting the country.
If you are looking for dividend paying stocks to grow your wealth then you won’t want to miss our number 1 dividend pick.
Financial year 2018 is here and The Motley Fool’s dividend detective Andrew Page has revealed his must buy dividend share to grow your wealth in 2018.
You might not know this market leader's name, but it's rapidly expanding into a highly profitable niche market here in Australia. Even better, the shares boast a strong, fully franked dividend that should balloon in the years to come. In other words, we're looking at the holy grail of incredible long-term growth potential AND income you can watch accruing in your account in real time!
Simply click here to grab your FREE copy of this up-to-the-minute research report on our #1 dividend share recommendation now.
You can follow Kevin on Twitter @KevinGandiya.
The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.