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Americans Are Paying More to Travel This Summer
Airlines flagged concerns about rising fuel prices in their most recent earnings reports in April.
Americans Are Paying More to Travel This Summer
Airlines flagged concerns about rising fuel prices in their most recent earnings reports in April.
The Latest: Scott Bessent testifies before the House on Treasury Department priorities
The Latest: Scott Bessent testifies before the House on Treasury Department priorities Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies - Bookmark Treasury...
Major airline operating out of Heathrow, Gatwick and Manchester gives jet fuel update
Major airline operating out of Heathrow, Gatwick and Manchester gives jet fuel update Fear over flight cancelations during the summer travel period sparked after the Iran war began at the end of February and has caused disruptions to global fuel supplies A major airline has said it is unlikely it will cancel flights this summer over jet fuel shortages and Brits prepare to jet off to popular holiday sports. Air France said, in a joint-statement with partner KLM, that it does not expect any...
Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
The International Air Transport Association warned that global airlines can expect to see profits plunge by half in 2026 as the rising cost of jet fuel continues to squeeze the industry. Oil prices jumped and jet fuel costs soared after the U.S.-Iran conflict began on Feb. 28, noted IATA's outgoing director general Willie Walsh, adding to the challenges he said airlines have faced in recent years from the Covid-19 pandemic to the war in Ukraine. "As a result, we expect average jet fuel...
Airfare-Prediction Apps Can’t Handle a Summer Like This One
The casual air traveler has never had so much information at his fingertips. He sits before a battleship-worthy console of maps, prices, dates, and times; orders up grids that plot one variable against another. He is monitoring the situation.
Should disruptive passengers be banned from flying? Take our poll and have your say
Should disruptive passengers be banned from flying? Take our poll and have your say Under one option being considered, airlines would be alerted if a previously rude, aggressive or drunk passenger tries to check in for one of their flights - and then could block them Drunk and disorderly passengers could be banned from flights under plans to create a named and shamed list that could be shared between airlines. Under one option being considered, airlines would be alerted if a previously rude,...
CNA Explains: How airlines avoided a jet fuel shortage amid the Iran conflict
CNA Explains: How airlines avoided a jet fuel shortage amid the Iran conflict Despite warnings of a looming jet fuel supply crunch amid the Iran war, major airlines are now saying that they have enough fuel for the next few months. The conflict in Iran has sent jet fuel prices soaring, as the prolonged closure of the Strait of Hormuz choked exports from Gulf refineries that supply a significant share of the world’s jet fuel. The war, which began with United States-Israeli strikes on Iran on...
5 takeaways from airline CEOs' biggest annual gathering
RIO DE JANEIRO — Hundreds of airline leaders gathered in Brazil this week at the International Air Transport Association's annual assembly to discuss high fuel costs, sharply lower profits, engine reliability issues and elusive emission reduction goals, among other things. Toward the end of the assembly in Rio de Janeiro, news broke that Iran and Israel traded strikes for the first time since a ceasefire went into effect in April. For airline executives who have faced ongoing turmoil since...
Major airline cancels flights from UK to three popular holiday hotspots – list
Major airline cancels flights from UK to three popular holiday hotspots – list Turkish airline SunExpress says it has cancelled four routes from UK airports to popular holiday destinations in Turkey due to 'ongoing geopolitical developments' A major airline says it has been forced to cancel flights from the UK to three popular holiday destinations. Turkish airline SunExpress cited "ongoing geopolitical developments" and the rising cost of jet fuel as it announced the temporary suspension of...