Air New Zealand Ltd

AIR: XNZE (NZL)

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Air New Zealand Earnings: Surging Fuel and Engine Maintenance Shift Airline to a Loss

Angus Hewitt

Aug 31, 2026

Air New Zealand's fiscal 2026 pretax loss was NZD 336 million, from a NZD 189 million profit last year. Fuel costs surged too quickly for higher ticket prices to meaningfully offset, and Air New Zealand's Brent crude hedges were insufficient amid spiking refining margins.

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Air New Zealand Ltd

Air New Zealand Earnings: Surging Fuel and Engine Maintenance Shift Airline to a Loss

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