Air New Zealand forecast to lose $338m as jet fuel prices stay high

Air New Zealand forecast to lose $338m as jet fuel prices stay high

Senior Business Reporter·NZ Herald·26 Oct, 2026 08:00 PM4 mins to read‌Air NZ says it is managing its financial position carefully. Jet fuel prices have shot up this year. Photo / John WeekesForsyth Barr expects Air New Zealand to lose $338 million before tax this financial year as soaring fuel costs corrode gains made elsewhere.The analysts said Air NZ’s first-quarter data showed domestic passenger demand seemed to be lifting. They conceded fuel market volatility created heightened uncertainty and therefore greater

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