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.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of June 30th
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.
- Warren Buffett is buying banks – should you too? – November 16, 2018 10:34am
- Telstra CFO to replace Elon Musk as Chair on Tesla Board – November 9, 2018 11:08am
- 5 ASX shares that I think are your best bet on Melbourne Cup Day – November 6, 2018 7:00am