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Air New Zealand expects interim loss
October 23rd 2025
Air New Zealand (AirNZ) warned it would report a first-half loss. Read More » It forecast a loss before tax of NZ$30 million ($17.20 million) to NZ$55 million for the six months ending on December 31, against an earlier forecast of a net profit of up to $34m. The airline said it had hoped for an increase in domestic and US flights, which did not materialize. The ongoing problems with engines would cost another $20m in addition to other costs. "The timing and quantum of compensation remain uncertain, and today’s update does not include any material changes in expected compensation. Between nine and eleven aircraft have remained grounded, at times, since the beginning of the 2026 financial year," AirNZ said in an update to the market. "The airline is driving further cost-saving and efficiency initiatives to mitigate these pressures, manage aviation system cost inflation and maintain balance sheet strength," it added.
