Air New Zealand Pauses FY26 Earnings Guidance After Jet Fuel Surges Amid Middle East Conflict
On March 10, Air New Zealand halted its fiscal 2026 earnings guidance, pointing to the escalation of conflict in the Middle East and sharp, unprecedented volatility in global jet fuel markets. The airline had already signaled potential weaker second-half results in interim results released last month, when it reported a NZ$59 million loss before ta…