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 wiped out gains from stronger passenger revenue.

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.