News
Air New Zealand warns of annual loss, further flight cuts
May 15th 2026
Air New Zealand (Air NZ) said in an exchange filing on May 14, 2026, that it is expecting the loss before tax to be NZ$340 million to NZ$390 million ($202 million to $232 million) in the year through June, compared to last year’s profit of NZ$189 million. Read More » The forecast assumed an average jet fuel price of $145 per barrel in the second half of the year. “If fuel prices stay at these elevated levels, the airline expects to announce further capacity updates in the coming weeks,” Air NZ said. The StarAlliance member carrier said that the aircraft availability has improved significantly since the interim results, with all existing Boeing 787 aircraft now expected to return to service by late June and all Airbus aircraft by 2027.
