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However, fuel prices continue to reach a record level - the price of jet fuel averaged US$90 per barrel this year, there is a US$13 increase per barrel compared to last year and drives a $143 million of the total increase in fuel cost. As fuel is the largest operational cost of aviation industry, continued high fuel costs remain a serious concern and it provides the airline industry with a significant challenge.
Secondly, the success of many organizations depends on how well they identify and respond to external technological changes. Air New Zealand will be the first airline in the world to receive the Boeing 787-9 which has longer range and greater capacity to enter airline service next year...
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