JET FUEL PRICE ASSUMPTION UNDERLYING AIR NEW ZEALAND'S 26 FEBRUARY 2026 GUIDANCE IS NO LONGER APPROPRIATE
M. EAST CRISIS IS EXPECTED TO MEANINGFULLY AFFECT SECOND-HALF EARNINGS
IN RESPONSE, AIRLINE HAS IMPLEMENTED INITIAL FARE ADJUSTMENTS
PROGRESSING ONGOING COST REDUCTION INITIATIVES WHICH ARE EXPECTED TO PARTIALLY OFFSET PRESSURES
IF CONTINUED ELEVATED JET FUEL COSTS, MAY NEED TO TAKE FURTHER PRICING ACTION AND ADJUST ITS NETWORK AND SCHEDULE AS REQUIRED
Further company coverage: AIR.NZ
((Reuters.Briefs@thomsonreuters.com;))
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