Follow
the podcast on
Rising international tourism numbers are helping airlines weather the storm of rising jet fuel prices.
Air New Zealand's revealed its looking at staff redundancies and even more flight reductions due to the surging cost of jet fuel.
It's now forecasting a full-year pre-tax loss of between 340 and 390 million dollars.
Board of Airline Representatives Executive Director Cath O'Brien told Ryan Bridge the rising jet fuel costs are being partly offset by higher international visitor numbers.
She says that incredibly strong and resilient demand for travel is putting airlines in a good place to continue.
Take your Radio, Podcasts and Music with you