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Air New Zealand loses best airline crown after five-year reign at the top

Singapore Airlines has been named Airline of the Year by the respected Airline Excellence Awards, ending Air NZ's five-year reign at the top.

In a survey done by AirlineRatings.com, Singapore Airlines just nudged out Air New Zealand, Qantas Airways and Qatar airways.

AirlineRatings.com Editor-in-Chief Geoffrey Thomas says, “In our objective analysis Singapore Airlines came out number one in many of our audit criteria, which is a great performance.

Previous five-times winner of Airline of the Year, Air New Zealand, picked up Best Premium Economy and Best Airline Pacific.

"Air New Zealand is one of the few airlines in the world to have an investment grade credit rating, is a staunch supporter of its home country and has been enjoying a healthy expansion in both its domestic and international markets.  Its overall product is superb, and its business class bed is outstanding,” said Mr. Thomas.

The AirlinesRatings.com are rated on 12 majoring criteria including fleet age, passenger reviews, profitability, investment rating, product offerings, and staff relations.

Top ten:

1. Singapore Airlines

2. Air New Zealand

3. Qantas

4. Qatar Airways

5. Virgin Australia

6. Emirates

7. All Nippon Airways

8. EVA Air

9. Cathay Pacific Airways

10. Japan Airlines

"Hong Kong, China - August 18, 2012: Air New Zealand Boeing 777-200ER leaving Hong Kong International Airport. Air New Zealand is a member of the Star Alliance."
Air New Zealand Boeing 777 (file picture). Source: istock.com