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Why Has Air New Zealand Suspended Its 2026 Earnings Guidance?
7:38am on Tuesday 10th of March, 2026 AEDT
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Why Has Air New Zealand Suspended Its 2026 Earnings Guidance?
7:38am on Tuesday 10th of March, 2026 AEDT
Key Points
Jet fuel prices surged from US$85-$90 to US$150-$200 per barrel
Air New Zealand 83% hedged on Brent crude but exposed to refinery margin volatility
Second-half earnings outlook suspended due to unprecedented fuel cost fluctuations
Initial fare increases implemented; further pricing and network adjustments possible
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AIR NEW ZEALAND (ASX:AIZ)
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