Air New Zealand's Pretax Losses Likely to Continue in FY27

Dow Jones

Jun 29

0035 GMT - For Air New Zealand, pretax losses look likely to continue in FY27 despite the recent ceasefire in the Middle East and the drop in oil prices. UBS analyst Marcus Curley thinks those losses look manageable. "Air New Zealand's recent share price drop reduces overvaluation plus a material discount to book value has emerged," UBS says. Still, UBS retains a sell call until confidence builds that oil supply has returned to normal. "Price-to-earnings valuation support for Air New Zealand doesn't reappear until FY29 and we don't expect dividends before FY28," UBS says. Its price target falls 4.8% to 0.40 New Zealand dollar a share. Air New Zealand is unchanged at NZ$0.44. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 28, 2026 20:35 ET (00:35 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2647341958"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2647341958\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2647341958?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-29 08:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2647341958","market":"fut","top_or_hot":-1,"title":"Air New Zealand's Pretax Losses Likely to Continue in FY27","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0035 GMT - For <a href=\"https://laohu8.com/S/ANZFF\">Air New Zealand</a>, pretax losses look likely to continue in FY27 despite the recent ceasefire in the Middle East and the drop in oil prices. UBS analyst Marcus Curley thinks those losses look manageable. \"<a href=\"https://laohu8.com/S/ANZLY\">Air New Zealand</a>'s recent share price drop reduces overvaluation plus a material discount to book value has emerged,\" UBS says. Still, UBS retains a sell call until confidence builds that oil supply has returned to normal. \"Price-to-earnings valuation support for <a href=\"https://laohu8.com/S/AIZ.AU\">Air New Zealand</a> doesn't reappear until FY29 and we don't expect dividends before FY28,\" UBS says. Its price target falls 4.8% to 0.40 New Zealand dollar a share. <a href=\"https://laohu8.com/S/AIR.NZ\">Air New Zealand</a> is unchanged at NZ$0.44. (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  June 28, 2026 20:35 ET (00:35 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 Pretax Losses Likely to Continue in FY27</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 Pretax Losses Likely to Continue in FY27\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\">2026-06-29 08:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0035 GMT - For <a href=\"https://laohu8.com/S/ANZFF\">Air New Zealand</a>, pretax losses look likely to continue in FY27 despite the recent ceasefire in the Middle East and the drop in oil prices. UBS analyst Marcus Curley thinks those losses look manageable. \"<a href=\"https://laohu8.com/S/ANZLY\">Air New Zealand</a>'s recent share price drop reduces overvaluation plus a material discount to book value has emerged,\" UBS says. Still, UBS retains a sell call until confidence builds that oil supply has returned to normal. \"Price-to-earnings valuation support for <a href=\"https://laohu8.com/S/AIZ.AU\">Air New Zealand</a> doesn't reappear until FY29 and we don't expect dividends before FY28,\" UBS says. Its price target falls 4.8% to 0.40 New Zealand dollar a share. <a href=\"https://laohu8.com/S/AIR.NZ\">Air New Zealand</a> is unchanged at NZ$0.44. (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  June 28, 2026 20:35 ET (00:35 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":"T10G.NZ","symbol_name":"S&P/NZX 10","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2647341958","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2647341958","pubTimestamp":1782693300,"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":"0035 GMT - For Air New Zealand, pretax losses look likely to continue in FY27 despite the recent ceasefire in the Middle East and the drop in oil prices. UBS analyst Marcus Curley thinks those losses look manageable. \"Air New Zealand's recent share price drop reduces overvaluation plus a material discount to book value has emerged,\" UBS says. Still, UBS retains a sell call until confidence builds that oil supply has returned to normal. \"Price-to-earnings valuation support for Air New Zealand doesn't reappear until FY29 and we don't expect dividends before FY28,\" UBS says. Its price target falls 4.8% to 0.40 New Zealand dollar a share. Air New Zealand is unchanged at NZ$0.44.  Dow Jones NewswiresJune 28, 2026 20:35 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"T10G.NZ":"S&P/NZX 10","FNZ.NZ":"Smart NZ Top 50 ETF Units","AIR.NZ":"Air New Zealand Limited (NS) Ordinary Shares","BK8015":"航空公司","NZ20C.NZ":"S&P/NZX 20","NZG.NZ":"Smart S&P/NZX 50 ETF Units","TNZ.NZ":"Smart NZ Top 10 ETF Units","BK7030":"航空公司","NZ50G.NZ":"S&P/NZX 50","NZT.NZ":"Smart S&P/NZX 20 ETF Units","AIZ.AU":"AIR NEW ZEALAND LTD"},"translate_title":"新西兰航空2027财年税前亏损可能会持续","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIR.NZ":0.9,"NZT.NZ":0.6,"NZG.NZ":0.6,"T10G.NZ":1.5,"NZ50G.NZ":1.5,"FNZ.NZ":0.6,"AIZ.AU":0.9,"TNZ.NZ":0.6,"NZ20C.NZ":1.5},"content_text":"0035 GMT - For Air New Zealand, pretax losses look likely to continue in FY27 despite the recent ceasefire in the Middle East and the drop in oil prices. UBS analyst Marcus Curley thinks those losses look manageable. \"Air New Zealand's recent share price drop reduces overvaluation plus a material discount to book value has emerged,\" UBS says. Still, UBS retains a sell call until confidence builds that oil supply has returned to normal. \"Price-to-earnings valuation support for Air New Zealand doesn't reappear until FY29 and we don't expect dividends before FY28,\" UBS says. Its price target falls 4.8% to 0.40 New Zealand dollar a share. Air New Zealand is unchanged at NZ$0.44. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 28, 2026 20:35 ET (00:35 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":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}