Friday, November 21, 2008

‘Fuel’ News

Southwest Airlines suffers its first loss in 17 years as fuel-hedging strategy backfires

Thursday, October 23, 2008 11:03

Southwest Airlines Company, the low-cost airline based in Dallas, Texas, the United States, has posted its first quarterly loss in 17 years.

Lufthansa, British Airways reduce fuel surcharges

Monday, October 20, 2008 13:35

Deutsche Lufthansa AG, the flag carrier of Germany, and British Airways, the national airline and flag carrier of the United Kingdom, have reduced fuel surcharges following a fall in the price of crude oil.

Ryanair accuses Air BP of profiteering, urges UK’s economic regulator to probe

Thursday, October 16, 2008 19:27

Ryanair accuses fuel supplier Air BP of profiteering, urges UK’s economic regulator to probe increased fuel costs

Sustainable aviation fuel: Major airlines, green groups, Boeing team up for development

Friday, September 26, 2008 9:43

A group of major airlines and Boeing Company, the aircraft manufacturer, have joined hands to accelerate the development of new, sustainable aviation fuels.

Tagged with: ,
Air New Zealand Boeing makes environment-friendly flight

Air New Zealand Boeing makes environment-friendly flight

Monday, September 15, 2008 8:39

Air New Zealand, the national flag carrier of New Zealand, has shown the way in saving fuel, cutting flying time as well as curbing harmful carbon emissions.

Aviation turbine fuel made from algae passes all tests

Thursday, September 11, 2008 18:59

The jet fuel using algae produced by Solazyme Incorporated, the company based in South San Francisco, California, the United States, has passed all the tests required for aviation turbine fuel.

JetBlue Airways, US Airways cut flights

JetBlue Airways, US Airways cut flights

Sunday, September 7, 2008 18:59

Many airlines in the United States are cutting domestic flights and routes nationwide with a view to reducing losses incurred by the enormously high prices of aviation turbine fuel.

Airlines worldwide heading for $6.1-billion loss in 2008, says IATA chief

Airlines worldwide heading for $6.1-billion loss in 2008, says IATA chief

Sunday, August 24, 2008 19:09

The International Air Transport Association (IATA) has warned that airlines worldwide are likely to lose over $6.1 billion in 2008 because of the exorbitant prices of aviation turbine fuel as well as geo-political instability, with Asia – particularly China and India – also now starting to feel the pinch of the international slump.

Northwest Airlines to add $80 fuel surcharge on round-trip flights

Friday, August 8, 2008 5:39

In yet another instance of increase in air fares effected by airlines worldwide in their frantic attempt to cope with record-high prices of aviation fuel, Northwest Airlines has decided to raise fares for some of its domestic round-trip tickets by up to $80. 

Frequent-flier tickets on Delta Airlines will get fuel surcharge tacked on

Wednesday, July 2, 2008 19:01

Delta Air Lines, based in Atlanta, Georgia, the United States, has decided to charge passengers who redeem their miles for free flights a fee of at least $25.

Japan Airlines to make Asia’s first biofuel-powered commercial flight

Thursday, June 26, 2008 14:50

Japan Airlines Corporation is planning to fly Asia’s first commercial jet flight powered by second-generation biofuel.

Tagged with: ,

Jet Airways records Rs 2.21 billion for the quarter to March; expects tough times ahead

Thursday, June 26, 2008 8:45

India's airline major, Jet Airways, has recorded losses for the March quarter 2008 on skyrocketing jet fuel prices.

Tagged with: ,

Southwest Airlines gears up for profits, raises capacity despite ATF price

Saturday, June 21, 2008 18:20

While major airlines around the world are making loses, Southwest Airlines, the low-cost airline based in Dallas, Texas, the United States, is preparing to reap  profits.

Northwest Airlines to cut capacity once again, raise fares, cut workforce

Saturday, June 21, 2008 18:17

Northwest Airlines, a major airline based in the United States, will once again cut its capacity in the fourth quarter of 2008 and reduce its workforce in its efforts to cope with rising prices of aviation fuel.

Malaysia Airlines increasing fuel surcharge, introducing new Web check-in service

Tuesday, June 17, 2008 21:48

Malaysia Airlines, the flag carrier of Malaysia, will increase fuel surcharge within the next two weeks as a part of its bid to cope with record-high costs of aviation fuel.

Taiwanese carriers China Airlines, EVA Air to clip flights

Monday, June 16, 2008 12:30

China Airlines and EVA Airways Corporation, the biggest airlines of Taiwan, will reduce their flights by 10% in their attempt to deal with prohibitive prices of aviation fuel.

Fuel costs may force Delta Air Lines to cut more flights

Wednesday, June 4, 2008 19:38

Delta Air Lines, based Atlanta, Georgia, the United States, is considering suspending more flights in the face of rising fuel costs.

Airlines set to raise fares after India’s oil firms hike ATF prices

Monday, June 2, 2008 19:58

Airlines are set to raise domestic as well as international fares following the huge hike in the prices of aviation turbine fuel (ATF) announced by India’s state-run oil companies.

Airlines in Asia-Pacific region cut flights, jack up surcharges to beat fuel prices

Monday, June 2, 2008 19:51

Like elsewhere in the world, airlines across the Asia-Pacific region are feeling the pinch of the phenomenal rise in prices of aviation fuel.

Record fuel prices force American Airlines to cut 300 flights a day

Saturday, May 31, 2008 20:36

American Airlines, a wholly owned subsidiary of the AMR Corporation, the United States, has announced a drastic reduction in the number of flights in the face of record-high fuel prices.