Air New Zealand's Losses Could Widen on Jet Fuel Price Surge -- Market Talk

Dow Jones
03/06

2354 GMT - Air New Zealand is exposed to an additional daily fuel cost of NZ$4 million-NZ$5 million after jet fuel prices rose on the Iran conflict, and this for a business that is loss-making, estimates Forsyth Barr. "The risk to its near-term losses is materially to the downside if current oil market conditions persist,'" says analyst Andy Bowley, who rates the carrier at underperform. Air New Zealand purchases around 22,000 bbls of jet fuel daily. Its 2H fuel cost guidance is based on a crack spread of US$20/bbl. Forsyth Barr notes that crack spreads rose to US$140/bbl, from an already elevated US$45/bbl after Iran was attacked. Air New Zealand is down 6.4% at NZ$0.51. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

March 05, 2026 18:54 ET (23:54 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10