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QANTAS FUEL HEDGING
Qantas, Virgin Australia drop domestic fares to as low as $99 and $55 in response to soaring fuel costs and weakening travel sentimentAustralia's major airlines, Qantas and Virgin Australia, have launched significant domestic fare sales, offering millions of discounted sea...- The jet-fuel surge is making global flight connections disappearTravellers face more flight cancellations as airlines grapple with sky-high jet fuel costs. Carriers globally are reducing flights and park...
- Flights cancelled, prices hiked amid fuel crisis in Australia: Everything Aussie travellers need to knowRising jet fuel prices are disrupting Australian air travel, prompting Qantas and Virgin Australia to lift fares and cut domestic capacity....
- Virgin Australia flags higher fuel costs amid the Mideast conflictVirgin Australia anticipates a significant increase in fuel costs, projecting an additional A$30 million to A$40 million for the latter hal...
- Price hikes, outlook cuts - What airlines are doing as fuel costs surgeA sharp surge in jet fuel prices, attributed to the U.S.-Israeli war on Iran, is significantly impacting the global aviation industry. Airl...
- Jet fuel shock: Moody's tells how a Middle East conflict is rewriting the economics of global aviationGlobal airlines face profit pressure as Middle East conflict drives up fuel costs. This impacts operating expenses and travel networks. Air...
- Fuel shock hits aviation: airlines hike fares, slash forecastsGlobal airlines are raising ticket prices and adjusting financial forecasts due to a sharp increase in jet fuel costs. The price of jet fue...
- Airlines in Asia hike fares as Mideast war raises fuel costsAirlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- to factor in surgi...
- Airline stocks remain under pressure; Asian carriers see surge in demand, prices jumpAsian airlines faced pressure Tuesday as Middle East conflict escalated. Fuel price spikes are a concern for carriers. However, some airlin...
- Can oil price reach $100, and why are airline stocks and shares falling now? Oil price prediction, analysts insights, market outlook explained. Here's airline stocks biggest losers list, what should investors do nowCan oil price reach $100, and why are airline stocks and shares falling now? Oil prices surged after tanker traffic stopped in the Strait o...
- Airlines use hedging, fuel surcharges to offset some pain as oil surgesThe price of oil has surged to its highest level since 2008 after Russia's invasion of Ukraine, adding to airline costs at a time when carr...
- Asian airlines brace for recession blues in 2009Although drop in fuel prices has provided some respite, air traffic demand has fallen as tourists cut back on travel. India Aviation 2008 I...
- Singapore Air profit drops 36%Singapore Airlines, the world's largest airline by market value, on Thursday reported a better-than-expected 36 percent fall in quarterly p...
- Use derivatives to deal with turbulence in the airIndia’s aviation industry has just a 2% share in the $470-billion global industry, but accounts for a third of its total losses.
- Australia's Qantas sees profit rise 44 percentAustralia: Qantas Airways Ltd. reported Thursday a 44 percent rise in annual net profit, but acknowledged it is beginning to feel the effec...
- Cathay Pacific swings to loss amid high fuel costsCathay Pacific Airways Ltd., Asia's third-largest carrier, said Wednesday it swung to a loss in the first half of the year as soaring jet f...
- Oil rocks airlines, sparks Air France profit warningAirlines around the world braced for slower growth, tighter earnings and deeper cost cutting as oil prices surged and the biggest carrier b...
- Air France warns of profits fall on fuel costAir France-KLM, the world's biggest airline, warned on Thursday that operating profit would fall by about a third this year because of fuel...
- Air fares won't slip on oil slumpIf you were hoping for lower air fares due to decline in global crude prices, you'll be disappointed.
- Qantas net plummets to $369mQantas Airways said on Thursday annual profit fell 30% on higher fuel and redundancy costs and said it planned to slash more jobs, includin...
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