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JET FUEL IMPACT
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
Dubai to issue new public behaviour guidelines. What should tourists knowDubai is set to formalize public conduct with new guidelines, aiming to bolster its image as a highly civilized global city. The Dubai Civi...
From Hormuz shock to energy security: How Reliance kept India's fuel lifeline intactReliance Petrochemicals, Reliance Oil Business, AGM 2026: Reliance Industries ensured energy security during a West Asian conflict. The com...
TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
Supply recovery, not demand, will be oil market's key test: Vandana HariGlobal crude oil prices have fallen significantly from wartime highs, but market expert Vandana Hari cautions against declaring victory. Sh...
IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentimentIndian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strai...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
Pilots demand answers ahead of Air India crash anniversaryIndia's aviation accident probe agency is facing renewed criticism from pilot groups ahead of the anniversary of the 2025 Air India Boeing-...
Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, inc...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
JetBlue flags higher fuel costs as Iran conflict drags onFuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as c...