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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.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee
See omnystudio.com/listener for privacy information.
By NZ Herald4
33 ratings
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.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee
See omnystudio.com/listener for privacy information.

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