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
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
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
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
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
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
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
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
Highlights Global supplies of oils tighten, exacerbated by lower Ukraine output SAF producers use alternate methods to meet growing demand As US airlines seek to lock in sustainable aviation fuel Continue Reading
Qantas Airways Ltd. said sustainable aviation fuel is the only immediate way to decarbonize flying, placing much of the burden of cleaning up aviation on a kerosene alternative that remains expensive Continue Reading
