Southwest hired a ship this spring to send fuel from Houston to Los Angeles in case of supply shortages.
Jet fuel prices roughly doubled in the early weeks of the Iran war, prompting airlines to pass the costs on to consumers through increased fares, fewer flights and higher baggage fees.
The latest spike in fuel prices has prompted Southwest and American Airlines to downgrade their earnings forecast for the ...
EasyJet’s soaring jet fuel bill cut its profits by more than 70pc after the Iran war caused oil prices to spike.
American Airlines lowered its annual profit outlook Thursday, hitting shares while the carrier pointed to swelling jet fuel costs as a negative counterweight to healthy travel demand. American said it ...
Lower jet fuel costs spell relief for airlines. But that doesn't mean they'll pass savings onto customers by lowering airfares, experts said.
Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes, Bloomberg has reported, adding that in April, jet fuel prices jumped by ...
Prices for gasoline, diesel and jet fuel are rising even as crude oil costs ease, a rare divergence that’s swelling costs for ...
Alaska Air shares fell after it reported a second-quarter loss and forecast third-quarter earnings below investors’ ...
KARACHI: The government has increased the price of jet fuel used by commercial aircraft by Rs40.35 per litre, pushing up ...
American Airlines has been trying to close the gap with United and Delta, but its latest profit outlook risks putting it ...