Air Chathams CEO on price of aviation fuel
The price of aviation fuel has 'gone ballistic' according to the boss of a New Zealand airline. Brent crude oil cracked 110 US dollars a barrel today. One of Europe's most popular budget airlines indicated last week that its profit could halve as a result of the war in the Middle East. New Zealand law requires a minimum of 28 days of petrol and 24 days of jet fuel to be "on hand." Air Chathams chief executive Duane Emeny spoke to Lisa Owen.
Checkpoint · RNZ
March 9, 20267m 53s
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Show Notes
The price of aviation fuel has 'gone ballistic' according to the boss of a New Zealand airline. Brent crude oil cracked 110 US dollars a barrel today. One of Europe's most popular budget airlines indicated last week that its profit could halve as a result of the war in the Middle East. New Zealand law requires a minimum of 28 days of petrol and 24 days of jet fuel to be "on hand." Air Chathams chief executive Duane Emeny spoke to Lisa Owen.
Topics
economy