Virgin Australia anticipates a significant increase in fuel costs, projecting an additional A$30 million to A$40 million for the latter hal...

A sharp surge in jet fuel prices, attributed to the U.S.-Israeli war on Iran, is significantly impacting the global aviation industry. Airl...

Global airlines face profit pressure as Middle East conflict drives up fuel costs. This impacts operating expenses and travel networks. Air...

Global 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 the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- to factor in surgi...

Asian 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 prices surged after tanker traffic stopped in the Strait o...

The 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...

Although drop in fuel prices has provided some respite, air traffic demand has fallen as tourists cut back on travel. India Aviation 2008 I...

Singapore Airlines, the world's largest airline by market value, on Thursday reported a better-than-expected 36 percent fall in quarterly p...

India’s aviation industry has just a 2% share in the $470-billion global industry, but accounts for a third of its total losses.

Australia: Qantas Airways Ltd. reported Thursday a 44 percent rise in annual net profit, but acknowledged it is beginning to feel the effec...

Cathay 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...

Airlines around the world braced for slower growth, tighter earnings and deeper cost cutting as oil prices surged and the biggest carrier b...

Air France-KLM, the world's biggest airline, warned on Thursday that operating profit would fall by about a third this year because of fuel...

If you were hoping for lower air fares due to decline in global crude prices, you'll be disappointed.

Qantas Airways said on Thursday annual profit fell 30% on higher fuel and redundancy costs and said it planned to slash more jobs, includin...