The International Air Transport Association (IATA), an airline advocacy group, has called on the Brazilian government and Petrobras, the state-run oil company, to adjust the pricing mechanism for jet fuel…
Higher oil prices in the Middle East are increasing jet fuel prices, which account for a significant portion of airlines’ costs. Brent crude oil nearly hit $94 per barrel shortly…
Jet fuel prices in Asia have surged to their highest level against gasoil in five years, driven by robust demand for the fuel used for winter heating and aviation. This…
Qantas Airways of Australia announced on Monday that due to rising fuel prices, it anticipates its fuel bill to increase by approximately A$200 million ($128.80 million) in the first half…
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…
