Fuel costs bite

The rising costs of Aviation fuel, which along with ordinary fuel & oil have risen dramatically recently due in part to political unrest in Libya, have impacted on airlines in Australasia with both Air New Zealand and Qantas announcing fare increases to cover the increasing costs.

The airline [Air New Zealand] said that in the past month jet fuel has increased from $US114 ($NZ155) per barrel to $US130 per barrel, adding almost $US10 million per month to the airline's operating costs.

Read more about the increases in an NZPA article supplied by stuff.co.nz HERE
and theaustralian.com.au article by aviation writer Steve Creedy HERE