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Air NZ is cutting flights. When should we start to worry?
Published 1 month ago
Description
Air New Zealand is set to cut 1100 flights – affecting about 44,000 customers.
CEO Nikhil Ravishankar has cited “unprecedented” jet fuel prices as the cause – which he said could not be passed on to customers, who were already facing cost-of-living challenges.
A normal price for jet fuel is about US$85 a barrel -- but the product is now at about US$170 a barrel as a result of the war in Iran.
It’s all prompted the Government to round up a bunch of senior ministers to oversee the country’s fuel security.
Today on The Front Page, aviation journalist Grant Bradley is with us to take a look at the current situation, and crises past – and whether air travel will ever be the same.
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