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Air New Zealand Hedges Fuel Amid Rising Prices, Cancellations

3/5/2026

Center

Air New Zealand Stabilizes Fares

Air New Zealand hedged 3.45 million barrels of jet fuel for the second half of the 2026 financial year to stabilize fares.
Jet fuel prices have risen amid geopolitical events, including the Iran–Israel–United States conflict.
Airports Council International urged solidarity and protection for airports after United Arab Emirates (UAE) attacks caused flight cancellations.
Emirates airline suspended operations to and from Dubai due to regional airspace closures.

Right

New Zealand Exports Surge

New Zealand red meat exports reached a record $11.7 billion in 2025, up 19% from 2024, with the United States as the largest market and China second.
The United States–Iran conflict threatens exports to the Middle East, which totaled $298 million in 2025.
Shipping lines have suspended services through the Strait of Hormuz.
Kotahi seeks alternative routes for cargo.
Dairy exports remain under scrutiny due to geopolitical tensions.

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Air New Zealand Stabilizes Fares

Air New Zealand hedged 3.45 million barrels of jet fuel for the second half of the 2026 financial year to stabilize fares.
Jet fuel prices have risen amid geopolitical events, including the Iran–Israel–United States conflict.
Airports Council International urged solidarity and protection for airports after United Arab Emirates (UAE) attacks caused flight cancellations.
Emirates airline suspended operations to and from Dubai due to regional airspace closures.

1 / 2