Keywords: Jet fuel
China’s three largest state-owned airlines have reported substantial losses in the first half of the year, as rising aviation fuel costs continued to weigh heavily on their financial performance. Air China, China Eastern Airlines and China Southern Airlines collectively recorded losses of around......
Global energy markets could be heading toward another period of pressure, with refined fuels emerging as a greater concern than crude oil prices, according to veteran market strategist Jeff Currie. Speaking to CNBC, Currie, chief strategy officer at Altis Partners, argued that consumers are ultimately......
Europe has managed to avoid the severe aviation fuel shortage that threatened its airlines, but the disruption has come at a significant financial cost for carriers and passengers. Supply disruptions linked to tensions in the Middle East and reduced shipping through the Strait of Hormuz forced European......
Singapore Airlines has reported its first quarterly loss since the end of the COVID-19 pandemic, as higher fuel expenses and financial pressure linked to its associate Air India affected the carrier’s performance. The city-state’s flag carrier recorded a net loss of S$76 million ($58.79......
European aviation markets are facing increasing concerns over potential jet fuel shortages as geopolitical tensions in the Middle East raise uncertainty about shipping through the Strait of Hormuz, one of the world's most important energy trade routes. Industry estimates suggest that Europe could......
The global oil market has so far demonstrated remarkable resilience after losing more than one billion barrels of supply during the conflict involving Iran. However, industry analysts warn that the stability achieved in recent months has come at the expense of emergency stockpiles, leaving the market......
Air travel across Europe faced widespread disruption as airlines and airports struggled with reduced jet fuel availability and sustained high seasonal demand. Thousands of flights experienced delays while more than one hundred were cancelled across major hubs including Amsterdam, Paris, and London, extending......
Air New Zealand is preparing for the possibility of elevated fuel costs extending into its 2027 financial year, as airlines worldwide continue to navigate the economic consequences of volatile energy markets. The carrier's leadership has indicated that rising jet fuel prices remain one of the most......
Global airline executives are gathering in Rio de Janeiro for a major industry meeting as the sector faces mounting pressure from a sharp rise in jet fuel costs linked to the war in Iran. The International Air Transport Association is expected to significantly cut its previous 2026 profit forecast of......
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