Fuel Surcharge extra $152 one way!!!
Ouch!!!! that's gonna hurt!
Air NZ Defends Fuel Surcharge
23/08/2005 08:11 AM
Air New Zealand says it has had no choice but to hike its fuel surcharge.
The rise will add $6.00 to a domestic flight, $10 to a trans-Tasman or Pacific flight and an extra $152 one way on long-haul flights to Europe. The increases apply to flights booked and paid for after September 1.
Air New Zealand says its jet fuel bill has risen 25 percent in the past three months and is now 42 percent higher than a year ago.
Chief Financial Officer Rob McDonald says the company cannot go on absorbing the cost, particularly as favourable hedging it had negotiated against fuel prices begins to roll off.