Air New Zealand projects FY2019 fuel bill will jump by 26%

6 March, 2019

Air New Zealand, via its 2019 Interim Results Analyst Presentation, forecast (28-Feb-2019) FY2019 fuel costs of NZD1245 million (USD846.6 million), an increase of 26.1% year-on-year. The carrier's H1FY2019 fuel costs were NZD649 million (USD441.3 million), an increase of 38%. [more - original PR]