Air New Zealand Logs Biggest Annual Loss Since 2023 as Fuel, Engine Costs Bite

Air New Zealand logs biggest annual loss since 2023

Air New Zealand has plunged to a $A277 million annual loss, as soaring fuel prices and engine problems...

Air New Zealand plunges to $242 million loss as fuel and engine costs bite

Air New Zealand plunges to $242 million loss as fuel and engine costs bite

Air New Zealand logs biggest annual loss since 2023 as fuel, engine costs bite

Aug 28 (Reuters) - Air New Zealand posted its biggest annual loss in three years on Friday as higher fuel ​prices linked to the Middle East ‌conflict, persistent engine availability constraints and rising costs squeezed earnings. Jet fuel costs, which ...

Air New Zealand reports $336 million pre-tax loss

Air New Zealand lost $336 million before tax in the last financial year. Its total revenue was $7.0 billion, up 3.9% on the year before. The airline was...

Luxon blasts Air New Zealand loss, says airline needs to explain itself

The airline announced its 2026 financial year results on Friday.

Soaring costs tailspin Air NZ into a $242m loss in 'very challenging' year for aviation

New Zealand’s national airline says the full-year net loss of $242 million was largely driven by increased fuel prices, engine availability issues, maintenance costs and aviation system costs rising at a rate well above inflation