Air NZ ups profit outlook on strong bookings, cheaper fuel

Air NZ ups profit outlook on strong bookings, cheaper fuel
Two new A321neo aircraft will add 220,000 extra seats to Air NZ's domestic capacity in the year ahead. (Image: Air NZ)
Staff reporters
Air New Zealand is substantially upgrading and narrowing the range of its guidance for earnings in the first half of the current financial year, although it remains wary about the full-year outlook.The national carrier expects earnings before tax and “other significant items” to come in at between $275 million and $325m in the six months to Dec 31.That compares with a range of between $200m and $275m cited in an update in September.Lower aviation fuel prices have contributed about $20m to the improvement. The airline is forecasting...

More Markets

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025
Small cap spotlight: Blackpearl Group
Markets Small Cap Wrap

Small cap spotlight: Blackpearl Group

Founder Nick Lissette says it's patriotic to be listed, but hard work.

Competition law changing to allow 'beneficial collaboration'
Markets

Competition law changing to allow 'beneficial collaboration'

Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.

Pattrick Smellie 15 Aug 2025
NZ sharemarket rises, Vista Group shares fall
Markets Market Close

NZ sharemarket rises, Vista Group shares fall

The New Zealand sharemarket was up on Thursday as most stocks on the main board lifted.

Tom Raynel 14 Aug 2025