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Air New Zealand Suspends 2026 Forecast on Fuel Volatility

Air New Zealand suspended its 2026 outlook today due to Middle East conflict. Jet fuel prices rose to $200 per barrel, impacting the carrier's operating costs.

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AIR NEW ZEALAND LTD has officially suspended its earnings forecast for the 2026 fiscal year, citing the intensifying conflict in the Middle East and the resulting instability in global energy markets. The airline noted that the geopolitical situation has created an environment of unprecedented volatility for jet fuel prices.

The Air New Zealand logo is pictured at the airline's office at Sydney International Airport, Australia. REUTERS/David Gray/File Photo
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