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:
Fairfax takes journalism ethics and integrity to a whole new low with Stuff fibre
Why are airport taxes and service charges so high on Trans Tasman flights between New Zealand and Australia?
Flight reviews – Air New Zealand NZ87 Auckland (AKL) to Hong Kong (HKG) in Premium Economy and Air New Zealand NZ 80 Hong Kong (HKG) to Auckland (AKL) in Business Premier on the 777-200ER
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!
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