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22.04.26 - 06:42
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Air New Zealand CFO Richard Thomson Resigns (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Air New Zealand (AIZ.AX) announced that Chief Financial Officer Richard Thomson has resigned from his role and will leave the airline on 28 August 2026. The co......
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01.04.26 - 10:30
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AIR CHINA, Air New Zealand Launch New Round of 5-Yr Joint Venture Co-op Tdy (AAStocks)
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To continuously expand the air corridor between China and New Zealand, AIR CHINA (00753.HK) and Air New Zealand officially launched a new round of joint venture cooperation today (1 April), lasting five years. The two parties will enhance collaboration in various areas such as optimizing hub networks and product services, furthe......
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15.03.26 - 03:24
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Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation (ZeroHedge)
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Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation
Authored by Felicity Bradstock via OilPrice.com,
Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases.
Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations.
Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks.
As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This will likely affect flight prices, with several airlines warning of anticipated price hikes. It could lead to a travel slump, as consumers wait for prices to fall again.
Australia's Qantas Airways, Scandinavia's SAS, and Air New Zealand are three of the airlines to have already announced airfare hikes in response to the ongoing conflict in the Middle East. The airlines cited the abrupt spike in the cost of fu...
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