Price of flying goes up as conflict continues in Middle East
The price of flying has already gone up and could take off again if the war in the Middle East continues. Air New Zealand raised it fares this morning and said it could be forced to raise them again and also review routes. It all comes back to the price of aviation fuel, and the critical Hormuz strait which is a shipping route for up to 20 percent of the world oil is essentially closed due to the conflict. So what does it mean for the travelling public? Travel agent Vincent George spoke to Lisa Owen.
Checkpoint · RNZ
March 10, 20267m 20s
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Show Notes
The price of flying has already gone up and could take off again if the war in the Middle East continues. Air New Zealand raised it fares this morning and said it could be forced to raise them again and also review routes. It all comes back to the price of aviation fuel, and the critical Hormuz strait which is a shipping route for up to 20 percent of the world oil is essentially closed due to the conflict. So what does it mean for the travelling public? Travel agent Vincent George spoke to Lisa Owen.
Topics
conflictmoneytransport