Jet fuel prices soar
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The Iran war is causing a sharp rise in the price of jet fuel, a major cost for airlines that will soon be passed on to travelers.
Entering 2026, the outlook for the airline industry was generally favorable thanks to improving demand and “rational supply-side dynamics.” But with the Iran conflict added to the mix of increased domestic capacity, Rothschild-Redburn sees increased headwinds for the more vulnerable carriers.
SINGAPORE, March 4 (Reuters) - Asia's diesel-jet fuel price spread for April, also known as regrade, extended gains and was at a new record of $70 a barrel, with jet fuel higher than diesel, according to three trade sources on Wednesday,
Inside an industrial park on the outskirts of Frankfurt, a machine the size of a shipping container is turning carbon dioxide and hydrogen into fuel. The Europe’s first eSAF plant turns CO₂ and hydrogen into sustainable aviation fuel.
American Airlines Group ( AAL 4.88%), a major passenger and cargo carrier, closed Thursday at $11.79, down 5.38%. The stock moved lower after bearish research highlighted fuel-cost exposure and balance sheet risk. Investors are also closely watching fuel prices and margin trends.
Connecticut will reinstate its jet fuel tax on July 1, ending a two-year exemption that had temporarily suspended the levy for commercial airlines — including Avelo — that operate in the state. That tax break was first enacted by the General Assembly ...
The underground pipeline project to supply Jet A-1 fuel from Pitalganj in Rupganj upazila of Narayanganj to Hazrat Shahjalal International Airport in Dhaka has remained