Air New Zealand risks extra $4m-$5m cost per day from war-driven jet fuel spike, analysts warn

Air New Zealand risks extra $4m-$5m cost per day from war-driven jet fuel spike, analysts warn

Air NZ shares are down more than 10% this week as war jitters hit airlines.

The spread is frequently volatile but for most of the past decade was below US$10 ($17). The analysts said the crack spread was at an all-time high on Thursday night of US$140, though it had since f… [+3534 chars]
Air New Zealand risks extra $4m-$5m cost per day from war-driven jet fuel spike, analysts warn - FHMnews