- Jet Fuel Price Drops 8% in Aug. 2015[Sep. 25, 2015]
The after-tax CIF price of China's imported jet fuel dropped by 7.95% month on month, or 340 yuan per tonne to 3,935 yuan, while the CIF price of bonded jet fuel was 3,325 yuan per tonne, down 7.66% over a month earlier, according to statistics released by the oil price system of Xinhua News Agency on September 25.
- NASA Technology to Help Airlines Cut Fuel Consumption[Sep. 23, 2015]
Two passenger airlines in the U.S. will soon test an application developed by NASA that is designed to help carriers save time, substantially reduce fuel consumption and slash carbon emissions.
- Europe's Airlines Spruce Up Their Jet Fuel Hedges[Sep. 22, 2015]
European airlines are exploiting a collapse in oil prices by hedging more of their fuel needs further into the future, but those that kept their powder dry before the rout are emerging as clear winners, industry sources say.
- Are Risks Growing for Aircraft Makers Boeing, Airbus?[Sep. 12, 2015]
The commercial aerospace sector has been unusually robust over the past five years, with aircraft manufacturers taking orders for about 12,000 new planes between 2010 and 2014. The order books for narrow-body jets from Boeing Co. and Airbus currently show a backlog of about nine years at current production rates, and the backlog for wide-body planes stretches out to approximately six years.
- Airlines Fly High on Low Fuel Prices, Travel Growth[Sep. 12, 2015]
There is some oxygen for the choking Indian airline industry. Two positive factors -- domestic air travel growing at almost 30% and sharp fall in jet fuel prices -- are bringing the industry back from the brink, at a time when some players were staring at emergency exits.
- Air Macau to Decrease Fuel Surcharges[Aug. 27, 2015]
Air Macau will decrease fuel surcharges from US$30 per flight sector to US$28 per flight sector from September 1, 2015.
- Pilot Lands Jet Airways Flight Between Doha and Cochin with Only 250 kg Fuel Left[Aug. 21, 2015]
Passengers on a Jet Airways flight between Doha and Cochin had a close shave on Tuesday after the pilot landed the aircraft with only 250 kg of fuel left in it.
- Yuan Depreciation Hits China Airline, Oil Shares, HK Stocks Up[Aug. 11, 2015]
China's surprise decision to allow its currency to fall hit the shares of airlines and oil on Tuesday, threatening to boost their fuel costs and dragging stock market indexes lower.
- Chinese Airlines Benefit As Oil Prices Fall to Six-Month Low[Aug. 05, 2015]
After many airlines were burned because of slumping fuel prices in 2008 and 2009, Chinese carriers stopped hedging their fuel purchases - even when prices soared above US$100 a barrel. Now they're having the last laugh.
- Why Airlines Keep Pushing Biofuels: They Have No Choice[Jul. 21, 2015]
The number of global fliers is expected to more than double in the next two decades. In order to carry all those extra passengers, airlines are turning to a technology very few can make work on a large scale: converting trash into fuel.