Why NZ and global airfares have taken off

Why NZ and global airfares have taken off
Airlines had 'misdiagnosed' demand. (Image: Depositphotos)
Brent Melville
The slow return of global airlines to full capacity reflects an initial hesitancy to get international fleets airborne and many have now been caught flat-footed by resurgent global travel. Lufthansa Consulting, an airline advisory division of German airline Lufthansa, said this has had the impact of keeping the number of available seats at suboptimal levels. The company suggests it’s also a root cause of significant recent jumps in ticket prices, along with inflationary cost pressure.That’s as the latest International Air...

More Listed Companies

Ebos says animal care segment transaction ‘will not proceed’
Listed Companies

Ebos says animal care segment transaction ‘will not proceed’

The healthcare and pet care company was put in a trading halt last week.

Staff reporters 22 Nov 2023
Enprise on trading halt pending more detail on MYOB Australia dispute
Listed Companies

Enprise on trading halt pending more detail on MYOB Australia dispute

Terms are confidential but Enprise says the deal will terminate litigation.

Rebecca Howard 28 Sep 2023
NZX to issue 'meme stock' scenario alerts
Markets

NZX to issue 'meme stock' scenario alerts

'Trade with caution' warnings will be provided.

Victoria Young 26 Sep 2023
SkyCity in "turnaround" mode
Markets

SkyCity in "turnaround" mode

The Australasian casino operator is feeling perkier.

Staff reporters 23 Aug 2023