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Latest Rob Fyfe Stories

2009-07-02 16:12:28

A New Zealand airline has created an in-flight and online hit with a safety video featuring a pilot and cabin crew dressed only in body paint. The Air New Zealand Bare essentials of safety video features the pilot and crew going through the plane's safety procedures while dressed only in body paint made to resemble their uniforms and concealing their private regions with oxygen masks, life jackets, seat belts and other objects, Britain's The Daily Telegraph reported Thursday. The video, which...

2008-09-25 15:00:37

By VAN DEN BERGH, Roeland AIR NEW ZEALAND is warning of airlines folding in coming months, and says it will put smaller planes on services to London to save more than $100 million in fuel costs annually. Chief executive Rob Fyfe says the decision follows an unrelenting rise in jet fuel prices -- which shot up another US$6 on Thursday night to reach US$172 a barrel -- and reducing passenger demand. "At these levels few airlines are expected to be able to operate profitably," he said....

2008-09-25 15:00:37

By HALL, Kris UNDER-PERFORMING routes will be axed and aircraft downsized as Air New Zealand tries to navigate its way through the global financial turbulence. The airline faces strong headwinds in the form of higher fuel prices, domestic and trans-Tasman competition and a global credit crisis that could severely diminish demand. But chief executive Rob Fyfe remains upbeat, telling shareholders at yesterday's annual meeting in Auckland the national carrier has been closely...

2008-09-01 15:00:14

By VAN DEN BERGH, Roeland AIR NEW ZEALAND has warned that its profit for 2009 will hinge on fuel prices remaining below US$140 a barrel. The airline reported a tax-paid profit yesterday of $218 million for the year to June, down 1 per cent on last year. Chief executive Rob Fyfe said the volatility in fuel prices and uncertain economic conditions made it difficult to forecast a profit accurately for next year. But the average cost of jet fuel would need to be below US$140 a barrel for...

2008-08-27 15:00:50

By VAN DEN BERGH, Roeland Air New Zealand has warned that its profit for 2009 will hinge on record fuel prices remaining below $US140 a barrel. The airline, 75 per cent- owned by the Government, yesterday reported an annual net profit of $218 million, off 1% on the 2007 year. Trading turnover rose 9.1% to $4.667b. A final 3.5c dividend increases the annual rate from 8c to 8.5c a share, excluding 2007's special 10c dividend. The gross dividend yield of 12.686c gives a yield of 10.6%,...

2008-07-10 15:00:39

By WEIR, James AIR NEW ZEALAND chief Rob Fyfe and his senior executives will have their pay frozen as the airline faces "a crisis in the industry". The largely state-owned airline was looking everywhere to cut costs and not replace staff as they left the airline, he said yesterday. It would be increasingly difficult to raise wages in line with inflation "if conditions continue to deteriorate". Mr Fyfe, who is on a package worth $1.6 million a year, said the airline faced rocky...

2008-07-08 15:00:00

By VAN DEN BERGH, Roeland IF JET FUEL prices do not ease there will be a rapid and significant reshaping of the industry by the end of next year, Air New Zealand chief executive Rob Fyfe says. After three price rises since March, more fare increases appear inevitable, as do more changes to the network and the type of planes used. Several airline bosses around the world have recently made dire predictions about the future of the industry unless drastic measures are taken, including...

2008-06-14 15:00:17

By VAN DEN BERGH, Roeland EACH NIGHT two Air New Zealand jets take off from Auckland on a 12-hour flight to Los Angeles. During the 9000-kilometre trip they will pass just two korus heading home, and a solitary flying kangaroo from Qantas. Compare that with the rivers of jets from dozens of airlines that cross the Atlantic or move between Asia and Europe and it becomes clear why Air New Zealand feels relatively immune from the risk of competition. Big American and European airlines...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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