Air New Zealand suspends FY26 forecast as jet fuel spikes on Middle East conflict
Yahoo Finance·2026-03-10 04:01

March 10 (Reuters) - Air New Zealand suspended its fiscal 2026 earnings ‌forecast on Tuesday, citing the ‌recent escalation of conflict in the Middle East ​and unprecedented volatility in global jet fuel markets. New Zealand's flag carrier had forecast second-half earnings to be ‌flat or weaker ⁠than the first half in its interim results last ⁠month, when it posted a loss before tax of NZ$59 million. "Since that ​time, conflict ​in the ​Middle East has ‌led to extreme volatility in jet fuel markets," A ...

Air New Zealand suspends FY26 forecast as jet fuel spikes on Middle East conflict - Reportify