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

Dow Jones

Mar 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)

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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. <a href=\"https://laohu8.com/S/AIZ.AU\">Air New Zealand</a> is down 6.4% at NZ$0.51. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2026 18:54 ET (23:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Air New Zealand's Losses Could Widen on Jet Fuel Price Surge -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAir New Zealand's Losses Could Widen on Jet Fuel Price Surge -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-06 07:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2354 GMT - <a href=\"https://laohu8.com/S/ANZFF\">Air New Zealand</a> 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. <a href=\"https://laohu8.com/S/ANZLY\">Air New Zealand</a> 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. <a href=\"https://laohu8.com/S/AIZ.AU\">Air New Zealand</a> is down 6.4% at NZ$0.51. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2026 18:54 ET (23:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7030","symbol_name":"航空公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2617577196","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2617577196","pubTimestamp":1772754840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7030":"航空公司","T10G.NZ":"S&P/NZX 10","AIZ.AU":"AIR NEW ZEALAND LTD","NZ20C.NZ":"S&P/NZX 20","BK8015":"航空公司","AIR.NZ":"Air New Zealand Limited (NS) Ordinary Shares","NZ50G.NZ":"S&P/NZX 50"},"translate_title":"市场传言，航空燃油价格飙升，新西兰航空亏损可能扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIR.NZ":0.9,"T10G.NZ":1.5,"NZ20C.NZ":1.5,"NZ50G.NZ":1.5,"AIZ.AU":0.9},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2026 18:54 ET (23:54 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}