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Air New Zealand CEO Nikhil Ravishankar speaks at the International Air Transport Association (IATA) on "Sky Nest" bunk beds, a lie-flat sleeping pod which can be booked for four-hour sessions on long haul flights. -------- More on Bloomberg Television and Markets Like this video?

Air New Zealand CEO Nikhil Ravishankar speaks at the International Air Transport Association (IATA) on flight consolidation and price increases to meet demand. -------- More on Bloomberg Television and Markets Like this video?

Air New Zealand has offset only 25% to 40% of the hit from higher fuel prices through hedging and fare increases, Chief Executive ​Nikhil Ravishankar told Reuters on Saturday, as the carrier plans for ​elevated fuel costs going into its 2027 financial year.