Air New Zealand's (ANZ) August RPKs fell 10.7% from a year earlier, with passengers carried falling 3% to 924,000.
Capacity, as measured by ASKs, was down 13.4%, which increased the carrier's load factor by 2.4 percentage points, says the airline.
In the short haul market, passenger numbers fell 0.6% from a year earlier. In the long haul market, they fell 16.4%.
"Capacity on the Asia/Japan/UK routes was reduced by 24%, which enabled loads on these routes to remain in-line with last year at 79.6%, despite a 24.1% drop in demand," says Air New Zealand.