#jet-fuel
Asia-Pacific air cargo increases as stockpilers react to Strait of Hormuz issues
Air NZ, Qantas not alone in cutting services as jet fuel price causes trouble.
Helleniq Energy: No shortages of aviation fuel expected, even at the peak of the summer season
In a written statement to Bloomberg, the company said it has surplus production of diesel, gasoline, naphtha, and jet fuel, while demand is being fully covered and reserves are being increased for additional security. The post Helleniq Energy: No shortages of…
Summer Flights in Greece Safe as No Jet Fuel Shortage Expected
Greece’s Helleniq Energy SA doesn’t anticipate any problems with its ability to provide jet fuel during the peak summer season even as it continues to search for alternatives to lost Iraqi oil supply amid the conflict in the Middle East.
Air India group active fleet shrinks while rivals expand summer capacity
Air India is flying up to 5% fewer domestic flights and nearly 40% fewer international routes this summer versus a year ago, squeezed by a depleted fleet, soaring jet fuel costs, and wartime airspace closures.
UK Tweaks Russian Sanctions to Ease Diesel and Jet Fuel Crunch
The UK moved to loosen its Russian sanctions in a controversial move aimed at preventing shortages of diesel and jet fuel, as the war in Iran eats into global oil buffers.
UK eases sanctions on Russian jet fuel and diesel imports
The U.K. government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third countries on Wednesday, amid spiralling fuel prices caused by the Middle East war.
Good news for Putin: UK loosens sanctions on Russian oil as petrol prices reach their highest levels yet and jet fuel crisis bites holiday industry
According to the licence, the sanctions carve-out will be periodically reviewed as fuel prices rise due to the closure of the Strait of Hormuz and the ongoing crisis in the Middle East.
UK allows diesel and jet fuel imports from Russian crude via sanctions carve-out
Britain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed at easing soaring fuel prices caused by Middle East conflict and disruptions around the Strait of Hormuz.
Indian Airlines Ask Refiners to Postpone Local Jet Fuel Price Hike
Major Indian airlines have asked the state oil companies to postpone hikes in jet fuel prices for domestic flights until the Middle East crisis is over, Bloomberg reported on Tuesday, quoting sources with knowledge of the development. India’s oil marketing co…
Airlines plead with state-run oil majors to postpone jet fuel hikes
Indian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financial pressures and mounting losses for carriers like Air India, IndiGo, and SpiceJet. Discussions are ongoing, with the oi…
Airlines plead with oil majors to postpone jet fuel hikes
India’s airlines have asked state-run oil refiners to hold off on hiking jet fuel prices for domestic flights until the conflict in the Middle East ends, people familiar with the matter said, in a bid to alleviate their rising cost pressures and mounting loss…
Europe’s jet fuel supplies should fall below the key 23-day shortage threshold in June, so plan your travel accordingly
Europe, Asia, and Africa all face potentially dire jet fuel shortages. "There is little doubt there is going to be a disaster,” says one economist.
Air India CEO flags flight cuts as jet fuel spike makes routes unviable
Air India is reducing flights due to soaring jet fuel costs and airspace issues. International operations are becoming unprofitable. Further schedule trims are planned for June and July. Domestic flights are also affected but less severely. The airline is inc…
Air India To Cut Nearly 100 Flights Till July As Jet Fuel Surge & Airspace Closures Deepen Losses
Air India will trim almost 100 domestic and international flights till July as it grapples with heavy losses caused by rising jet fuel prices, airspace restrictions, and expensive overseas routes. CEO Campbell Wilson informed employees that the airline had al…