Air New Zealand said it was looking at cost-cutting and reviewing capital expenditure plans.
14 May 2026
Air New Zealand expecting full-year loss of nearly $400m due to jet fuel costs
10:08 am on 14 May 2026
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A Boeing Dreamliner 787-9, from the Air New Zealand fleet. Photo: Supplied/ Air NZ
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The airline now says it will lose at least $340m before tax this financial year.
The changes cover travel from late July to late October.
How many more rounds can Air NZ go?
Air NZ has announced it will cut another 5% of its flights, but experts warn it won't be the last airline to do so.
Air NZ is making further schedule consolidations for travel between August and October to manage network fuel availability
Airline says new aircraft, engine fixes will help it power through to profit.
