PremiumBusinessDesk14 May, 2026 06:20 AM5 mins to readAir NZ declined 2.5c or 5.81% to 40.5c after telling the market it is expecting a full-year pre-tax loss of $340m-$390m because of the rapid rise in the price of jet fuel. Photo / William West, AFPNational airline Air New Zealand is facing one of its biggest losses, and seafood exporter Sanford achieved a record profit as the local sharemarket remained subdued.The S&P/NZX 50 Index had a choppy session and closed at 13,025.07, down 37.99 points or 0.29%.
There were 68 gainers and 71 decliners
