header logo
Latest
Air New Zealand cuts 1,100 flights over fuel price fears
Mar 12, 202602:24 PM
Air New Zealand cuts 1,100 flights over fuel price fears
Mobitel inner 1278

New Zealand’s national airline said Thursday (Mar 12) it would cancel 1,100 flights over the next two months, pointing to the impact of the war in the Middle East.

 

Air New Zealand chief executive Nikhil Ravishankar said around five per cent of its flights will be cancelled, affecting 44,000 passengers.

 

The cancelled flights are mostly on domestic routes within New Zealand but will also include some international flights, he said.

 

Flights between New Zealand and the United States would not be impacted due to increased demand for alternative routes to Europe, Ravishankar added.

 

“With the unprecedented volatility in jet fuel prices due to the conflict in the Middle East, airlines around the world are adjusting fares and their schedules to help manage the impact of these significantly increased costs,” Ravishankar said.

 

Ravishankar said jet fuel typically cost about US$85 a barrel, but prices were now double that.

 

Cancellations would help keep flying as affordable as possible and ensure the company was efficient with fuel, he said.

 

On Tuesday, Air New Zealand raised ticket prices on all routes.

 

Oil prices this week surged well above US$100 a barrel, after Iranian attacks on shipping effectively closed the Strait of Hormuz in response to the US-Israeli strikes that killed Supreme Leader Ayatollah Ali Khamenei.

 

Source: AFP

 

- Agencies

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Litro Gas prices reduced; Milk tea and plain tea prices slashed

Litro Gas prices reduced; Milk tea and plain tea prices slashed

Over 100,000 people affected by prolonged drought in Sri Lanka

Over 100,000 people affected by prolonged drought in Sri Lanka

“This isn’t something new; Namal was imprisoned before, and so was I”

“This isn’t something new; Namal was imprisoned before, and so was I”

 Deadline ends for written submissions in relation to 22nd Amendment petitions

Deadline ends for written submissions in relation to 22nd Amendment petitions

Energy Minister assures uninterrupted power supply despite coal shortage

Energy Minister assures uninterrupted power supply despite coal shortage

SJB stages protest in Colombo against proposed 22nd Amendment Bill

SJB stages protest in Colombo against proposed 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

 Sri Lanka approves US$1 million aid package for flood-hit Nepal

Sri Lanka approves US$1 million aid package for flood-hit Nepal

International drug trafficking network probed after 472kg of ‘Ice’ seized from Colombo Port

International drug trafficking network probed after 472kg of ‘Ice’ seized from Colombo Port

 Ex-Minister Piyankara Jayaratne convicted; Sentenced to seven years of rigorous imprisonment

Ex-Minister Piyankara Jayaratne convicted; Sentenced to seven years of rigorous imprisonment

‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

Lassana Flora