Air New Zealand to Cut Flights as Fuel Price Surge Wreaks Havoc ...

Air New Zealand to cut flights as fuel price surge wreaks havoc ...

Fuel crisis forces airlines to announce major fare increases, flight cancellations as Iran conflict escalates

The escalating conflict in Iran may no longer be contained to the Middle East, as it threatens to deliver a direct hit to the American pocketbook.As oil prices surge and global flight paths are redrawn, international carriers are already raising fares. While U.S. airlines have not yet raised prices, a new analysis warns a double-digit fare increase could be imminent for domestic flyers.With jet fuel one of the largest expenses for airlines, dome…

Air New Zealand cuts 1,100 flights over fuel price fears

WELLINGTON: New Zealand's national airline said Thursday (Mar 12) it would cancel 1,100 flights over the next two months, pointing to the impact of the war in the Middle East.Air New Zealand chief executive Ni

Air New Zealand Suspends Earnings Guidance, Raises Fares in Response to Soaring Fuel Prices

Air New Zealand has warned shareholders that its earnings guidance, issued when it released its interim results on Feb. 26, can no longer be relied upon amid a period of “unprecedented volatility” in global jet fuel markets following the Iran war. The airline lost NZ$59 million (US$34.8 million) in the first half of the 2025-26 financial year and had forecast second-half earnings “broadly in line with, or modestly below” that figure. But that wa…

Jet fuel squeeze: Tauranga flights cut as airline trims 5% of services

Air New Zealand is temporarily reducing flights to and from Tauranga in response to surging global jet fuel prices from ongoing Middle East tensions. Air New...

Flight cancellations: What are your rights?

Air New Zealand is warning 44,000 passengers will be affected by cancellations over the coming months - so what are your rights if you're one of them?