The carrier, which recorded a NZ$59 million loss for the first half, had predicted second-half earnings “broadly in line with, or modestly below the first half”; however, “extreme volatility” in fuel prices has led it to suspend that guidance.
The fuel, produced at Neste’s Singapore refinery, will be supplied to Air New Zealand at LAX by 30 November after being blended with conventional jet fuel to meet required specifications. The deal is nine times larger than Air New Zealand’s first SAF s…
Flights with Emirates’ new Airbus A350-900ULR variant, which can stay in the air up to 15 hours, will launch on the EK440/441 Adelaide-Dubai service from 1 December, or earlier if the first of the planes comes sooner.
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The carrier, which recorded a NZ$59 million loss for the first half, had predicted second-half earnings “broadly in line with, or modestly below the first half”; however, “extreme volatility” in fuel prices has led it to suspend that guidance.