In a region that has been hit hard by the fuel crisis, Air New Zealand CEO Nikhil Ravishankar told Skift that the company is “nervous about what the future holds.”
As the terms of a bailout for Spirit are being finalized, President Donald Trump said on Thursday he was interested in the U.S. buying the airline and selling it for a profit once oil prices drop.
Major U.S. airlines are each responding differently to surging fuel costs, with some like Southwest and Delta opting not to change their profit outlooks for the year. United and Alaska, on the other hand, have either revised or pulled back guidance.