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flag Air New Zealand lost $59 million in early 2026 due to maintenance delays, rising costs, and a weak currency, despite revenue growth.

flag Air New Zealand reported a $59 million pre-tax loss for the first half of 2026, down from a $144 million profit a year earlier, due to engine maintenance delays, rising costs, and a weaker New Zealand dollar. flag Higher fuel prices added a $13 million headwind, while non-fuel costs rose $75 million. flag The airline expects four grounded widebody aircraft to return in 2026 and plans to take delivery of two new 787s, aiming for a 20% to 25% increase in widebody capacity. flag Despite revenue growth, earnings remain under pressure, with full-year guidance cautious and second-half results expected to be flat or slightly lower.

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