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Air New Zealand Loses $40m in Six Months

Air New Zealand faces operational challenges and rising costs, with a $59 million loss before tax and a strategic review initiated to restore long-term profitability.

  • Air New Zealand posted a bottom-line loss of $40 million for the six months ended December, compared to a profit of $106 million a year earlier.
  • Revenue was up just over 1 percent to $3.44 billion, compared to $3.4 billion a year ago.
  • Deputy Prime Minister David Seymour has renewed his call for the government to sell its 51 percent stake in Air New Zealand after the airline reported the significant half-year loss.
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Bias Distribution

  • 57% of the sources lean Left
57% Left

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NZ Herald broke the news in Auckland, New Zealand on Wednesday, February 25, 2026.
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