- Asian Jet Fuel Buyers Paying the Highest Premiums to Get Supply since 2008[May 07, 2018]
Asian jet fuel buyers are paying the highest premiums for this time of year in 10 years as new and expanded airports in the region push its consumption to new highs.
- Oil Prices Have Been Screaming Higher -- And That's Actually Good News for Airlines This Time Around[May 06, 2018]
Back when oil prices skyrocketed past US$140 in 2008, airline stocks got decimated as the unplanned costs ate into their bottom lines.
- Fuel Costs Weigh on American Airlines' Profit, Shares Fall[Apr. 26, 2018]
Shares of American Airlines Group Inc fell more than 5 percent on Thursday as sharply higher fuel costs weighed on profits and spooked investors.
- Air BP Starts Supplying Fuel at Santos Dumont Airport[Apr. 26, 2018]
Air BP, the international aviation fuel products and service supplier, has strengthened its presence in Brazil and will start supplying fuel at Santos Dumont airport (SDU/SBRJ). Santos Dumont complements Air BP's existing operations in Rio de Janeiro which include Galeão International airport (GIG/SBGL), Jacarepaguá (JCR/SBJR), Cabo Frio (CFB/SBCB) e Macaé (MEA/SBME). This is an important addition to Air BP's network and comes in response to increased demand from the general and commercial aviation sectors.
- India Jet Fuel Demand to Soar As Domestic Air Travel Takes off[Apr. 18, 2018]
An Indian push to connect more cities via airports as an expanding middle class increasingly takes to the skies is set to help propel the country's demand for jet fuel to record highs this year.
- The Largest European Airline Group Air France-KLM Choose Jet Fuel International Limited (JFI) for Aviation Fuel Supply at Macau International Airport[Apr. 12, 2018]
Jet Fuel International Limited (JFI) a Hong Kong SAR China based international contract fuel supplier recently rewards an aviation fuel contract from one of the world largest airlines, Air France - KLM Group for alternate fuel supply at Macau International Airport, Macau SAR China , the main alternate airport for their Asia routes.
- India's Jet Airways, IndiGo, SpiceJet Fined for Fuel Surcharge Cartel[Mar. 08, 2018]
India's competition watchdog on Wednesday fined InterGlobe Airlines, Jet Airways and SpiceJet Ltd, saying the carriers had colluded in fixing and revising fuel surcharge rates on cargo flights.
- Aim for 1 Billion Passengers to Fly on Sustainable Aviation Fuel Flights by 2025[Feb. 26, 2018]
The International Air transport Association (IATA) set out an aim for one billion passengers to fly on flights powered by a mix of jet fuel and sustainable aviation fuel (SAF) by 2025. This aspiration was identified on the tenth anniversary of the first flight to blend sustainable aviation fuel and ordinary jet fuel.
- The Most-Hedged U.S. Airlines Are Paying Higher Fuel Prices[Feb. 17, 2018]
Fuel hedging hasn't translated into lower jet fuel prices for some of the biggest U.S. airlines, even after crude oil rose 17 percent in the fourth quarter.
- Higher Wages, Fuel Prices Turn up Cost Pressure on Airlines[Feb. 14, 2018]
With inflation paramount in investors' minds at a time of rising wages and oil prices, the line separating winners and losers in the global airline industry this year looks likely to be drawn on how well they manage costs, especially on the labor side.