Wizz Air reintroduces fuel hedging policy amid rising costs
Wizz Air has abandoned a no fuel hedge policy because of surging fuel costs and the ongoing volatility in commodity prices in the wake of Russia’s military operation in Ukraine.…
American Airlines fuel cost warning eclipses upbeat revenue forecast, shares fall
American Airlines Group Inc shares fell 7% on Friday as investors looked past the carrier’s upbeat revenue forecast and instead focused on its warning of a hit from higher fuel…
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…