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JET FUEL COSTS
Malaysia talks to rival airlines as it monitors AirAsia's financial health, sources sayFaced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. Th...- Antarctica flights take off with fuel made from used cooking oilAntarctica tourists flying from Cape Town will soon travel on fuel partly made from used cooking oil. South Africa’s Sasol is supplying sus...
- Russia, Ukraine agree to not hit energy targets, says TrumpUkraine and Russia have agreed not to strike each other's energy targets. US President Donald Trump announced this agreement on Monday. He ...
- The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
- US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- US inflation picked up as gas prices marched higher due to conflict in the Middle EastUS inflation held at 3.4% in August from a year earlier, while monthly consumer prices accelerated 0.4% as renewed Middle East fighting pus...
- Costly war far from over even as US loosens Iran's grip on Strait of HormuzUS has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution ...
- US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
- Can IndiGo shares fly again amid soaring oil prices? Ambit remains bullish but lists 5 key risksInterGlobe Aviation shares have fallen 8% in a month as oil prices topped $100, capping near-term upside. Ambit retains its Buy call, citin...
- Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
- Silicon Valley-backed Covenant unveils low-cost, mass-producible cruise missileCovenant has launched a new heavy-payload cruise missile, Anthem, aimed at revolutionizing warfare strategies. This cutting-edge missile fo...
- Russia unveils new stealth air-launched stand-off weapons for Su-57 fighter family; S-71M Monokhrom, S-71K Kovyor, S8000 Banderol missiles/loitering munitions displayed at El Alamein International AirshowRussia revealed new stealthy air-launched stand-off weapons at an Egyptian airshow. These weapons are designed for the Sukhoi Su-57 stealth...
- In 1995, Florida sank three F-106 jets off Bay County; later surveys found reef fish and greater amberjack around the aircraftIn an innovative effort to bolster marine life, retired fighter jets are strategically submerged off the coast of Florida, transforming int...
- A plane plan for China to consider: Singapore opposition slams Temasek over Air India bailoutsAir India faces mounting losses and requests for additional funds from its shareholder. The airline is grappling with high fuel prices and ...
- In 2021, NREL fermented food waste into volatile fatty acids and catalytically upgraded them to jet fuel; the SAF was estimated to cut net carbon emissions by up to 165% when landfill disposal was assumedA groundbreaking approach has been created by scientists to transform food waste into eco-friendly aviation fuel. This cutting-edge techniq...
- ATF price up 5.46%, commercial LPG rate rises Rs 9.50ATF prices rose 5.46% to ₹121.28 per litre, adding to airlines’ costs, while commercial LPG prices increased by ₹9.50 to ₹2,747.50 per 19-k...
- China’s Big Three airlines sink deeper into losses as fuel costs soarChina's three largest state-owned airlines reported substantial first-half losses. Surging jet fuel prices and a weak summer season impacte...
- India’s flights may stay expensive even as fuel gets cheaper: S&PAsia-Pacific airlines may maintain higher airfares as passenger demand remains strong. This strategy allows carriers to recover elevated op...
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