Salem Radio Network News Tuesday, October 21, 2025

Business

Air New Zealand sees loss in first half of 2026

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(Reuters) -Air New Zealand on Wednesday forecast a loss before tax for the first half of fiscal 2026, citing higher engine lease costs and the absence of an expected revenue pickup from domestic and U.S.-bound bookings.

The flag carrier is anticipating to report a loss before taxation for the six months in the range of NZ$30 million ($17.20 million) to NZ$55 million.

($1 = 1.7443 New Zealand dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru; Editing by Maju Samuel)

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