With oil prices dropping we’ve seen many media in recent days ask why airfare prices aren’t dropping. Clearly they’re not smart enough to check the Air NZ annual report to see the current status of Air NZ’s fuel hedging so I’ve done this for you.
Most (but not all) airlines hedge fuel. With Air NZ’s hedging dropping to 50% it looks like somebody there took a gamble that has paid off! :)
Other related posts:
United Airlines pulls out of New Zealand for Southern Hemisphere Winter – AKL/SFO becomes seasonal.
Air New Zealand launches Flexitime Membership (and how it can save you $$$)
Have an interest in retail payments and credit card interchange rates? Here’s your chance to have a say.
Comment by gnfb, on 12-Jan-2015 10:43
Must have been a slow news week if they pulled this out of the draw! We must be due for some Air New Zealand bashing!
Add a comment
Please note: comments that are inappropriate or promotional in nature will be deleted.
E-mail addresses are not displayed, but you must enter a valid e-mail address to confirm your comments.
Are you a registered Geekzone user? Login to have the fields below automatically filled in for you and to enable links in comments. If you have (or qualify to have) a Geekzone Blog then your comment will be automatically confirmed and shown in this blog post.