Nikhil Ravishankar: Air New Zealand CEO on the increased cost of jet fuel, engine troubles, future plans

A fresh fuel challenge for Air New Zealand.   CEO Nikhil Ravishankar says he's woken up to a 4.1% overnight increase in the cost of jet fuel.  He says it's due to the Islamic Revolutionary Guard Navy claiming it has absolute control over the Strait of Hormuz.   Ravishankar told Mike Hosking despite this, there'll be no disruptions to flights through October.   He says the question now is what will happen after then.   LISTEN ABOVE See omnystudio.com/listener for privacy information.