Leanne Geraghty, Air New Zealand chief customer and sales officer, said there were now about 460,000 customers with credits, down from about 500,000 in September. Air New Zealand would not release the value of those credits, but Geraghty said that in September, 97% of credits were worth more than $100. 123RF There are about 460,000 Air NZ customers with credits, down from about $500,000 in September. Jetstar owner Qantas held A$1.3b in Covid travel credits at June 2022, which were being used at a rate of A$80m a month. House of Travel said most customers were currently making new bookings rather than redeeming travel credits.