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:
How to instantly save up to 34 cents per litre off every litre of fuel in Wellington
GST changes hit imported goods from 1st December 2019
No Newshub and NIWA. Vodafone’s 5G network won’t interfere with your weather satellite images.
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