- Cathay Pacific's Recovery Hits Rough Patch on Oil, Trade War[Aug. 07, 2018]
It's turning out to be a bumpy road to recovery for Cathay Pacific Airways Ltd.
- Airlines Trim Flights, Make Other Tweaks to Offset Fuel[Jul. 26, 2018]
Airlines are bowing to the pressure of higher fuel prices by culling unprofitable flights while trying to boost revenue by being nicer to customers.
- New Technology May Help Airlines Cut Fuel Use and Travel Time[Jul. 20, 2018]
Jet fuel prices are 50 percent higher than last year, with more than half of that rise coming in the past three months, as crude oil prices reach the highest level since 2014 and mounting demand globally for air travel pushes up total fuel consumption. Assuming these trends persist, airlines could be looking at significant future operating cost increases.
- Delta to Lift Fares, Trim Flights With Fuel Costs Crimping Profit[Jul. 13, 2018]
Travelers beware: Delta Air Lines Inc. is looking to offset the rising price of jet fuel by raising fares and cutting some flights.
- Brazil's Airlines Struggle to Keep up with Rising Fuel Prices[Jun. 30, 2018]
Fuel prices are up, the U.S. dollar is rallying and that means stormy skies for Brazilian airlines.
- Delta Air CEO Says Higher Jet Fuel to Add US$2 Billion to Costs[Jun. 28, 2018]
Delta Air Lines is expecting US$2 billion in additional costs this year due to the swelling expense of jet fuel, Chief Executive Officer Ed Bastian said on Twitter on Wednesday.
- IATA Statement on Outcome of RED II Negotiations on Support for Sustainable Aviation Fuels[Jun. 14, 2018]
"IATA, on behalf of its 290 global airline members, is disappointed in the outcome of the RED II trilogue today. A major opportunity has been lost for Europe to create a regulatory framework to encourage the production of sustainable aviation fuels (SAF)," said Rafael Schvartzman, IATA's Regional Vice President for Europe.
- Airlines Are Anxious To Raise Your Fares. Here's Why They Can't.[Jun. 14, 2018]
American Airlines CEO Doug Parker has been busy of late assuring anyone who'd listen that airfares will be going up; indeed that they sooner or later must go up to cover jet fuel prices that are up more than 62% from a year ago.
- Air BP Invests in Growth of Australian Network[Jun. 13, 2018]
Air BP, the international aviation fuel products and service supplier has strengthened its Australian network. Following the addition of Bundaberg airport (BDB/YBUD) in Queensland and Busselton airport (BQB/YBLN) in Western Australia in March, the company has now started supplying Jet A-1 fuel at Cloncurry airport (CNJ/YCCY) in Queensland.
- Lessor SMBC Says Will Take Time for Fuel to Boost Lease Rates on New-Generation Planes[Jun. 07, 2018]
Rising oil prices are increasingly focusing airlines' attention on new, more fuel-efficient Airbus and Boeing planes, but it will take time for lease rates to improve, lessor SMBC Aviation, a major owner of the planes, said on Thursday.