Lufthansa Considers Grounding Aircraft Over Fuel Costs, Supply
The German carrier is drawing up emergency plans based on changes in oil prices and consumer demand.
jet fuel
Read More »
Alaska Discloses Triple-Digit Surge in Fuel Refining Costs
The carrier updated its first-quarter earnings guidance on Monday.
United to Cut Capacity as Fuel Prices Soar
The carrier will temporarily slash 5% of its total schedule.
How Weight Loss Drugs Could Translate to Savings for Airlines
Wall Street analysts believe lighter passengers will help carriers save on fuel costs.
Interjet Cancels Flights After it Fails to Pay for Fuel
As a new wave of COVID-19 rolls across North America, it appears Mexico-based Interjet is facing severe financial struggles. On Sunday, the airline canceled all of its flights through Tuesday, citing cash flow and aircraft maintenance issues. While there are limited details on the carrier’s specific financial struggles are, it appears the “cash flow” problems […]
New Aviation Fuel Taxes Announced in India Threaten to Further Cripple Industry
Asia has been seeing a retreat in its markets this year and several Asian economies are seeing their currencies continuing to slide in value. The Indian rupee has been among the worst hit in the region with a decline of more than 12 percent versus the dollar this year. As a result, the Indian government […]
