Home / BusinessUpdatedJohn WeekesSenior Business Reporter·NZ Herald·28 Aug, 2026 02:43 AM3 mins to readNZ Herald Live: Prime Minister Christopher Luxon speaks to mediaFormer Air NZ chief executive and current Prime Minister Christopher Luxon has blasted the airline, saying it needs to get its act together “very quickly”.The airline posted a $242m after-tax loss and lost $336 million before tax in the last financial year. It cited volatile fuel prices, high maintenance AdvertisementAdvertise with NZME.
Luxon blasts Air NZ for ‘very poor result’, says airline’s $242m loss bad even despite global aviation dramas
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