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.
Air New Zealand is the largest airline in the domestic market, and new entrants would likely struggle to build the scale and route frequency to attract corporate customers.
Air New Zealand is exposed to cyclical factors outside management's control, including passenger demand, fuel prices, and exchange rates.
|
Metric
|
AIR
|
AAL
|
QAN
|
|---|---|---|---|
Price/Earnings (Normalized) | 35.97 | 24.37 | 9.14 |
Price/Book Value | 0.79 | — | 9.05 |
Price/Sales | 0.19 | 0.15 | 0.54 |
Price/Cash Flow | 1.63 | 1.99 | 3.51 |
|
Metric
|
AIR
|
AAL
|
QAN
|
|---|---|---|---|
Quick Ratio | 0.35 | 0.36 | 0.37 |
Current Ratio | 0.47 | 0.53 | 0.43 |
Interest Coverage | −1.78 | 0.60 | 4.37 |
|
Metric
|
AIR
|
AAL
|
QAN
|
|---|---|---|---|
Return on Assets (Normalized) | −2.69% | −0.27% | 5.20% |
Return on Equity (Normalized) | −13.31% | — | 106.62% |
Return on Invested Capital (Normalized) | −3.77% | 3.22% | 11.94% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
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Market Cap
|
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United States