India, Aug. 28 -- Air New Zealand Ltd (ANZLY,AIZ.AX) reporteda loss in fiscal 2026, compared to prior year's profit, adversely impacted by high fuel prices resulting from the Middle East conflict and by engine availability issues. Revenues, however, increased with higher passenger traffic and capacity.
Looking ahead, the airline said it expects the 2027 financial year to be both a transition and recovery year, with operational performance continuing to improve even as elevated fuel prices weigh on profitability.
Prior to the Middle East conflict, the airline said it would have expected to return to profitability in the 2027 financial year, reflecting underlying improvements in the business.
However, the company said it is not in a positi...