Articles tagged “jet fuel”

Jet Fuel Demand Plunges to Lowest Level in Decades

Jet Fuel Demand Plunges to Lowest Level in Decades

Airline Weekly

In a year of eye-popping aviation statistics, the following may be the most eye-popping yet. The U.S. Energy Information Administration (EIA) said demand for jet fuel in May was the lowest since 1968.

2 months ago

Here’s How a New Fuel Requirement for Cruise Lines Could Raise Airline Ticket Prices

Here’s How a New Fuel Requirement for Cruise Lines Could Raise Airline Ticket Prices

Rosie Spinks, Skift

The International Maritime Organization's new pollution standard has finally gone into effect. While we broadly know how it will affect the cruise sector, less certain are its consequences for the airline industry.

10 months ago

United Airlines Capitalizes on Robust Demand Amid Falling Fuel Prices

United Airlines Capitalizes on Robust Demand Amid Falling Fuel Prices

Brian Sumers, Skift

Two months ago, airlines were panicked about the price of fuel. But fuel is now cheaper than it was before the run-up, and business is booming. It seems like it's a good time again to be an airline executive.

2 years ago

Delta Says Rising Fuel Prices Will Drag Its Profits Down

Delta Says Rising Fuel Prices Will Drag Its Profits Down

Mary Schlangenstein, Bloomberg

Expect other airlines to issue profit warnings as the rising cost of jet fuel begins to bite.

2 years ago

Airlines Aren’t Passing on Higher Fuel Costs to Passengers Because of Competition

Airlines Aren’t Passing on Higher Fuel Costs to Passengers Because of Competition

Mary Schlangenstein, Bloomberg

Remember when airline CEOs argued mergers would benefit consumers because it would create more formidable competitors? It's looking like they were right — at least short term. Fuel prices are surging, and airline executives would love to raise fares. But it's hard for one airline to pass on added costs to travelers if the pack doesn't follow. For now, the pack isn't following.

2 years ago

Airlines May Want Higher Fuel Prices Despite How Contrarian That Seems

Airlines May Want Higher Fuel Prices Despite How Contrarian That Seems

Brian Sumers, Skift

If fuel prices rise considerably, airfares will need to increase as well, so this would be bad for consumers. But investors might cheer.

3 years ago