Air New Zealand flags FY2026 losses exceeding $300m+ as volatile jet-fuel prices hit demand and raises risk of further capacity
Air New Zealand says its losses are set to steepen in FY2026, projecting more than $300 million in total losses as elevated and volatile global jet-fuel prices weigh on costs. The carrier is trimming 5% of flights and reviewing which international routes to reduce, citing softening demand and “material uncertainty.”
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