Travellers planning to take to the skies may have to brace for a hit in the wallet.
Air New Zealand is warning they're going to have to hike flight prices due to rising fuel costs and demand.
Chief Executive Greg Foran told Tim Dower about 15 per cent of the price of an airfare goes into fuel costs for a domestic flight and up to 35 per cent for an international flight.
He says especially on long haul flights, it's very pricey filling up a large plane and the cost of aviation fuel has effectively doubled for them in the past year.
LISTEN ABOVE
Air New Zealand is warning they're going to have to hike flight prices due to rising fuel costs and demand.
Chief Executive Greg Foran told Tim Dower about 15 per cent of the price of an airfare goes into fuel costs for a domestic flight and up to 35 per cent for an international flight.
He says especially on long haul flights, it's very pricey filling up a large plane and the cost of aviation fuel has effectively doubled for them in the past year.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.