United Airlines Puts Down Deposit on Flying Taxis
United Airlines Holdings Inc. UAL 2.35%▲ has paid a $10 million deposit for 100 electric flying taxis, a sign that the airline is growing more confident in the nascent technology. Continue Reading
Exclusive: Russia starts stripping jetliners for parts as sanctions bite
Russian airlines, including state-controlled Aeroflot (AFLT.MM) , are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The Continue Reading
Airline Flight Woes Drag US Jet-Fuel Consumption Below Forecasts
A drop in US jet fuel consumption verifies what travelers have felt for months: Airlines haven’t been able to keep up with summer travel demand. Carriers contending with labor shortages Continue Reading
Air travel is in chaos — and there are no easy solutions
If you’ve traveled much by air over the past few months, chances are you have encountered difficulties: flight delays and cancellations, misplaced luggage, massive lines for check-in and security. Commercial Continue Reading
U.S. carriers’ cost struggle overshadows travel demand surge
U.S. carriers are struggling to offset higher costs even as booming travel demand has given them strong pricing power, raising questions about their ability to shield profit once consumer demand Continue Reading
Air Travel This Summer Is Expensive, Messy—and Booming
Staffing shortages, schedule changes and higher fares are adding new frustrations to the weather woes that often lead to travel turbulence in the U.S. during the summertime . Crowds are Continue Reading
‘Perfect storm’ for airlines facing strong U.S. dollar and high oil prices
Global airlines are grappling with a double whammy from the rare combination of a strong U.S. dollar and high oil prices at a time when broad inflationary pressures and worker Continue Reading
Flight Cancellations Pile Up Heading Into Memorial Day Weekend
U.S. airlines canceled hundreds of flights as a combination of severe weather and staffing challenges disrupted the start of Memorial Day weekend travel. More than 1,100 flights both within the Continue Reading
Is Pandemic Pain Finally Over For The Airline Industry?
Flight bookings are finally bouncing back to pre-pandemic levels, providing some much-needed good news for airline companies that have struggled to survive two years of demand destruction. A recent report Continue Reading
Airfares soar as Americans shrug off Covid and inflation to get away
US airlines are poised to raise ticket prices further as Americans shrug off the fastest rise in domestic airfares for decades in their determination to travel. Airfares rose by 18.6 Continue Reading
With Airfare Prices Up Over 18%, You’ll Need More Than Luck to Find Cheap Flights
As summer approaches, the usual cost-saving tricks are no match for the current demand Travelers who haven’t yet booked summer vacations are left with tough choices: Pay steeper prices, find Continue Reading
Pricey Jet Fuel Punishes Airlines and Passengers
American drivers are feeling the pain of rising gasoline prices . Airlines and their customers have had it even worse. Jet fuel, a kerosene-based product akin to diesel fuel, has Continue Reading
Hong Kong Still Banning Flights at Fastest Rate Since January
Less than a week after Hong Kong rolled back some of the world’s strictest inbound travel curbs, at least six airlines have had routes banned, creating havoc for travelers and Continue Reading
New York jet fuel hits $7.59/gal, or $318.62/b, likely a refined products market record
Unprecedented bid levels send Buckeye benchmark to all-time high Unprecedented volatility spurred by the Russia-Ukraine conflict has catapulted the price of jet fuel in New York Harbor to all-time highs Continue Reading
U.S. East Coast jet fuel costs soar on shortage fears
Jet fuel prices are soaring on the U.S. East Coast, home to some of the world’s busiest airports, with buyers anticipating a growing shortage as supply dwindles amid sanctions on Continue Reading
New York Harbor jet fuel differential, outright price reach record highs
The differential for jet fuel in New York Harbor nearly doubled overnight April 1, setting new records for both the outright price and the NYMEX differential for that Platts benchmark Continue Reading
Aeroflot’s Decades-Long Turnaround Faces Undoing –
Russian Airlines PJSC spent billions of dollars over two decades transforming itself from a stodgy, Soviet-era carrier, with bland food and uncomfortable seats, into an award-winning airline flying new jets Continue Reading
Global airline passenger capacity ends 2021 35% below pre-pandemic level: OAG
Global airline passenger capacity rose 9% year on year in 2021 but was still 35% below the pre-pandemic level in 2019, with passenger volume lowest since 2009-2010, flight and data Continue Reading
Airline Executives Plead With Governments To Ease Restrictions
The airline industry was battered during Covid due to global travel restrictions and then, as the world began to open up, by rising jet fuel prices Airlines celebrated last month Continue Reading
Malaysia Airlines completes first flight with sustainable aviation fuel
National carrier Malaysia Airlines has completed its first flight using sustainable aviation fuel and plans to make SAF a greater part of its fuel choice for regular flights by 2025, Continue Reading
British Airways, Phillips 66 sign sustainable aviation fuel supply agreement
British Airways and Phillips 66 Limited have entered into a multi-year supply agreement for sustainable aviation fuel produced at the Phillips 66 Humber Refinery, making the airline the first in Continue Reading
Aemetis, American Airlines sign $1.1B 280M gallon offtake agreement for sustainable aviation fuel blend
Aemetis, Inc., a renewable fuels company focused on negative carbon intensity products, has an offtake agreement with American Airlines for 280 million gallons of blended fuel containing sustainable aviation fuel Continue Reading
Phillips 66, British Airways ink UK-produced SAF supply deal
British Airways and US-based refiner Phillips 66 signed a multi-year supply agreement which will provide the airline with sustainable aviation fuel produced at the Humber refinery, according to a joint Continue Reading
United Airlines launches first commercial flight with 100% SAF
Highlights Marathon Petroleum’s Virent provides key components World Energy produced SAF used as fuel Jet demand impacted from omicron variant United Airlines is flying a jet with more than 100 Continue Reading
Airlines Face High Costs, Low Staff, And Lots Of Restrictions
Demand for flights is set to soar this winter as travelers finally have a chance to get back on planes after almost two years of covid restrictions Airlines are having Continue Reading
Taking A Flight Soon? Prepare To Pay More As Oil Prices Rise
Many airlines have been chasing customers with fare sales, but rising fuel costs are likely to soon change that A recovery in air travel demand has triggered a quick rebound Continue Reading
Fuel price increase threatens airlines’ recovery from pandemic
A sharp rise in the price of fuel is threatening the airline industry’s slow recovery from the coronavirus crisis. Oil prices climbed to their highest levels in seven years this Continue Reading
Delta Airlines Warns Of Quickly Rising Fuel Costs
Since August, spot prices for New York Harbor Jet Fuel have risen 37% Soaring fuel costs are set to limit airline profitability towards the end of the year Delta Air Continue Reading
Airlines’ Debt Pile Hits $340 Billion as Covid Chokes Travel
Airlines are piling on more debt as surging coronavirus cases force travelers to cancel plans and stay home. The industry’s outstanding debt has jumped 23% since 2020 to $340 billion, Continue Reading
U.S. Airlines Warn of Dimming Outlook Amid Delta Variant
Airlines warned Thursday of another pandemic-driven hit to profits in the months ahead, as the Delta variant interrupts a rebound in air travel. Major carriers said new travel bookings have slowed in Continue Reading
Emirates Speeds Last A380 Deliveries, Hastening Superjumbo’s End
Emirates will receive its final A380 jetliner six months early, ending an Airbus SE superjumbo program that proved too big to compete in a changing air-travel market. Three more aircraft Continue Reading
How extreme weather is hitting airlines
Some airlines and airports have started to plan for a future where severe weather jolts flight schedules more frequently, as climate change increases the likelihood of extreme heat and big Continue Reading
U.S. Jet Fuel Demand Surges But Full Recovery Is Still Elusive
Jet fuel demand is finally taking off as American travelers return to the skies, but concerns over the Delta variant of Covid-19 may further delay full recovery. U.S. consumption of Continue Reading
U.S. Jet Fuel Stocks Continue To Rise As Production Outpaces Demand
Despite a marked rise in U.S. air travel numbers this year compared to 2020, jet fuel inventories have climbed in recent months as refiners boosted production, while jet fuel demand Continue Reading
Airlines Struggle With Fuel Shortages at Some Smaller Western U.S. Airports
Airlines are grappling with shortages of jet fuel at some smaller airports in the western U.S., where a travel boom is coinciding with high demand for that fuel to fight wildfires. Many carriers Continue Reading
United Airlines is planning a record expansion of its aircraft fleet.
United expects to add more than 500 aircraft to its fleet in the coming years.Chris Helgren/Reuters United Airlines announced Tuesday that it was ordering 270 single-aisle planes from Boeing and Continue Reading
Air Travel Returned. So Did Long Lines at Security, Restaurants and Shops.
Air travel has come roaring back. Not everyone was ready. Customers are facing hourslong phone waits for assistance. Long lines have emerged as airlines, airports and the Transportation Security Administration scramble to hire Continue Reading
Up-to-date information on the rebound in flying in the United States
Among the variables included in my ongoing monthly monitoring of key transportation indexes is revenue passenger miles for domestic flying. That monitoring has shown a huge pandemic-related drop in flying Continue Reading
Jet Fuel Use Set to Surge 30% in USA
It’s the postponed weddings and family reunions. It’s meeting newborn grandchildren and attending memorial services for loved ones lost to the pandemic. It’s the rebooked trips to Maui and adventures Continue Reading
Delta Air Lines’ recovery takes root as domestic travelers return
Highlights Delta to reopen middle seats on May 1 75% load factor seen in May Working to decarbonize footprint across operations Delta Air Lines, the nation’s second largest airline, saw Continue Reading
Global air travel on multi-track recovery as vaccines hang over jet demand outlook
Rebound in US domestic air travel leading global recovery Uncertainty about vaccine ‘passports’ hanging over outlook Jet demand seen recovering almost 600,000 b/d in June Global air travel continues to Continue Reading
Summer travel to push American Airlines towards pre-pandemic seat capacity
American Airlines expects its domestic and international seat capacity during the summer travel season to be within 10% and 20% of levels seen in the same period of 2019, the Continue Reading
Air France Is Said to Be Near Deal for State Rescue Plan
The French government is close to finalizing a recapitalization plan for Air France after addressing some antitrust concerns raised by the European Commission, according to people familiar with the matter. The multi-billion-euro Continue Reading
Jet Fuel Demand Set To Recover As U.S. Air Travel Picks Up
The number of U.S. air travelers exceeded 1.5 million on Sunday, for the first time since the middle of March 2020, in a good sign for oil demand as U.S. Continue Reading
The Places You Can’t Fly to Anymore
The pandemic has changed how we fly, dramatically reducing the number of flights around the world. To show how Covid-19 has altered the skies, The Wall Street Journal analyzed flight Continue Reading
‘A matter of urgency’: airlines, tour firms react to EU health certificates proposal
EU’s executive arm has proposed launching digital certificates showing the holders pose no health risk from coronavirus, and to coordinate lifting of lockdowns The certificates would prove travellers have been Continue Reading
Rallying Oil Prices Are A Headache For Airlines
As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a year are set to Continue Reading
United Airlines warns 14,000 jobs at risk when payroll aid expires
United Airlines said on Friday it has sent warnings of potential furloughs to some 14,000 employees whose jobs are at risk once a second round of payroll support for airlines Continue Reading
Grounded Flights Are Sending U.S. Jet Fuel Prices Sliding Again
The new wave of lockdowns around the world is sending U.S. jet fuel prices slumping and exports slowing to a trickle all over again. It’s not as bad as the crash Continue Reading
World’s Top Oil Trader: Airline Travel Won’t Recover Until Late 2021
Airline travel will continue to suffer in the first half this year and will only recover, and jet fuel consumption with it, in the back half of 2021, when mass Continue Reading