A fuel squeeze is driving higher airfares and stronger demand for Air New Zealand, particularly on international routes. 

Long-haul fares have jumped 25% over the past year, trans-Tasman 20%, and domestic flights 10%. 

Jet fuel stocks have climbed to 51.4 days, according to the latest figures. 

Chief Executive Nikhil Ravishankar told Mike Hosking long-haul is 'a double-edged sword' – costly in fuel but buoyed by rising demand, with New Zealand being one of the safer passages available. 

He says that's why they're being careful about how much long haul flying they consolidate. 

LISTEN ABOVE 

A fuel squeeze is driving higher airfares and stronger demand for Air New Zealand, particularly on international routes.&nbsp;
Long-haul fares have jumped 25% over the past year, trans-Tasman 20%, and domestic flights 10%.&nbsp;
Jet fuel stocks have climbed to 51.4 days, according to the latest figures.&nbsp;
Chief Executive Nikhil Ravishankar told Mike Hosking long-haul is 'a double-edged sword' – costly in fuel but buoyed by rising demand, with New Zealand being one of the safer passages available.&nbsp;
He says that's why they're being careful about how much long haul flying they consolidate.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Nikhil Ravishankar: Air New Zealand CEO on the airline's response to the Middle East conflict, rising fare prices

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/422174fc-3c77-4171-a991-b4320160a6fe/transcript