Andy Bowley: Forsyth Barr Head of Research on Air New Zealand half year profits - Heather du Plessis-Allan Drive

Air New Zealand is predicted to reach $323 million in half-year profits, up 188 percent on the same period in 2022.

These high earnings can be attributed to strong demand for travel and a reduction in competition.

Forsyth Barr Head of Research Andy Bowley says these earnings can be attributed to Air New Zealand's divisive fare increases.

Andy Bowley says these prices increases are no different to any other industry, in which prices go up to meet increased demand.

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