Fiji Airways cites high costs, plans $250 fare increase amid regional flight concerns
What happened
Fiji Airways stated that challenges affecting local airfares include operating costs, fuel expenses, weather conditions, and airport restrictions. During submissions to the Parliamentary Standing Committee on Social Affairs, Nalin Patel, Board Chairman, noted the airline recorded a $25 million loss after income tax for the year ended 2024, partly due to $84 million in unrealized foreign exchange losses.
From fijivillage.com
Why it matters
The airline is facing financial pressure, particularly from rising fuel costs which affect Fiji Link's small margins. To recover these fuel costs, Fiji Airways plans to add $250 to every ticket across its network.
Fiji Airways recently launched new direct services from Nadi International Airport to several Australian cities, including Gold Coast, Canberra, Cairns, and Brisbane.
From fijivillage.com