Air New Zealand Ltd

AIZ: XASX (AUS)

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Kerosene Spike to Weigh on Australasian Airline Profits in the Near Term

Angus Hewitt

Mar 20, 2026

The global average jet fuel price for the week ending March 13, 2026, was about USD 175 per barrel, per the IATA-Platts Jet Fuel Price Index. This was 76% higher than two weeks prior, before the Iran war began. Brent crude is now well over USD 100 per barrel, up roughly 50% since February.

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Air New Zealand Ltd

Kerosene Spike to Weigh on Australasian Airline Profits in the Near Term

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