Articles tagged “oil”

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Croatia Doesn’t Know if It Should Bet on Oil or Tourism

Croatia Doesn’t Know if It Should Bet on Oil or Tourism

Dusan Stojanovic and Darko Bandic, Bloomberg

It can't choose both.

4 years ago

Investors Are Worried About U.S. Airlines, Despite Cheap Oil

Investors Are Worried About U.S. Airlines, Despite Cheap Oil

Mary Schlangenstein, Bloomberg

U.S. airlines need to rely on a better revenue model than crossing their fingers and hoping fuel prices drop.

4 years ago

U.S. Motorists May Save $75 Billion on Gas Next Year

U.S. Motorists May Save $75 Billion on Gas Next Year

Mario Parker, Bloomberg

Great news for road trippers, the RV industry, and commuters. Bad news for states and countries that have based their economies on oil.

5 years ago

Airlines Are Already Banking on a Stellar 2015, Thanks to Oil Prices

Airlines Are Already Banking on a Stellar 2015, Thanks to Oil Prices

Andrea Rothman and Simeon Bennett, Bloomberg

Meanwhile, consumers are wondering when those fuel surcharges are going to disappear from the price of their ticket.

5 years ago

Turkish Airlines Shares Rise as Oil Prices Drop

Turkish Airlines Shares Rise as Oil Prices Drop

Selcuk Gokoluk, Bloomberg

With the exception of the European airlines that can't figure out their labor issues -- hello Lufthansa and Air France -- we will be reading a variation of this headline for most major air carriers. The smart ones won't get too comfortable, though.

5 years ago

Boeing Is Betting on Tobacco to Make Flying Better

Boeing Is Betting on Tobacco to Make Flying Better

Marisa Garcia, Skift

With Boeing setting up roots in the U.S. south and planting its 787-10 production in South Carolina, theĀ Solaris developmentĀ begs a question: how long until Boeing takes advantage of tobacco traditions in the U.S., too?

5 years ago

Carbon Offsets, Once Hyped, Lose Allure in Travel Sector

Carbon Offsets, Once Hyped, Lose Allure in Travel Sector

Maria Gallucci, Skift

For the average consumer 'green' went by the wayside when the economy slumped. Now carbon credits have become something travel providers do in the background.

5 years ago

British Airways Plans to Fuel Future Flights With Garbage

British Airways Plans to Fuel Future Flights With Garbage

Natalie Paris, The Daily Telegraph

Considering the environmental impact that air travel has, powering it with bio fuels isn't a bad idea.

6 years ago

How High Gas Prices Protect Established Airlines From New Competitors

How High Gas Prices Protect Established Airlines From New Competitors

Scott Mayerowitz, Associated Press

Keeping out potential competitors who could come up with creative ideas isn't the best thing, so we'll just have to be happy that fuel prices are forcing the airlines to be smarter about energy use.

6 years ago

Brazil Needs Cheaper Jet Fuel, Says Nation’s Aviation Minister

Maria Luiza Rabello and Rachel Gamarski, Bloomberg

While a trimmed seating capacity would mean good things for legroom, long-term it will stifle Brazil's aviation growth.

6 years ago

Obama wants $2 billion from oil industry for clean-energy transportation research

Jim Efstathiou Jr., Bloomberg

When it comes to smart fuel options for cars, buses, and planes, the U.S. needs to play catch up with Europe and parts of Asia in order to stay competitive and offer both citizens and visitors wold-class modes of transit.

7 years ago

Bahamas turns to oil exploration in face of mounting debt

Bahamas turns to oil exploration in face of mounting debt

Adam Williams, Bloomberg

The sight of oil wells isn't the best thing for tourism, but absolute dependency on one industry doesn't look so hot either.

7 years ago