Air NZ ups fares between $10 and $90 to offset fuel price rise
The airline’s stock is up nearly 4.3% today despite suspending its guidance and warning of further possible pricing changes.
Air New Zealand CEO Nikhil Ravishankar.
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Air New Zealand’s fares have gone up between $10 and $90 one-way in response to rising jet fuel prices resulting from conflict in the Middle East.
The NZX-listed airline suspended its earnings guidance this morning after jet fuel prices “increased sharply”, from around US$85 to US$90 per
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