Air NZ's FY net profit slides in soft market

(Image: NZME)

Thu, 28 Aug 2025

Air New Zealand has made a $126 million net profit after tax, down from $146m the year before.The airline stated that its 2025 financial year results reflected a sluggish domestic market, global engine maintenance challenges, and significant cost inflation.Earnings before tax were $189m, compared with $222m the year before.“Passenger revenue declined by 2% to $5.9 billion, driven by a 4% reduction in overall network capacity from engine availability constraints.”Non-fuel operating cost inflation was about $235m, driven mostly by hig...

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