Air fares are expected to remain high for a number of months, as Air New Zealand says there aren't enough seats to meet demand.

Consumers are complaining of sky high prices as demand for both domestic and international travel rises with the approaching holiday season.

Domestic capacity in New Zealand's close to a hundred percent, with international flight capacity at 65 percent.

That's expected to rise with more planes coming back in circulation.

Airline CEO Greg Foran told Mike Hosking it's not a unique issue to New Zealand, as he claims all airlines are battling with increased demand amidst reduced capacity and fuel prices.

He expects things to look up in the near future, as he says Air New Zealand is on track to have a better 2023.

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Air fares are expected to remain high for a number of months, as Air New Zealand says there aren't enough seats to meet demand.
Consumers are complaining of sky high prices as demand for both domestic and international travel rises with the approaching holiday season.
Domestic capacity in New Zealand's close to a hundred percent, with international flight capacity at 65 percent.
That's expected to rise with more planes coming back in circulation.
Airline CEO Greg Foran told Mike Hosking it's not a unique issue to New Zealand, as he claims all airlines are battling with increased demand amidst reduced capacity and fuel prices.
He expects things to look up in the near future, as he says Air New Zealand is on track to have a better 2023.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.