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Extreme heat melts diesel demand, sales drop 4% in June
India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …
PTI
ATF price cut by 4.6%; commercial LPG rate hiked by Rs 21
Jet fuel or ATF price was on Friday slashed by 4.6 per cent - the second reduction in one month - w…
PTI
IndiGo removes fuel charge on tickets
IndiGo on Thursday said it has stopped collecting fuel charge on tickets, nearly three months after…
PTI
Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports
The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…
PTI
Trump's Boeing 757 isn't the perfect private jet, but it's perfect for him
The plane's effectiveness has been questioned, and the interiors aren't for everyone, but it's actu…
Benjamin Zhang
Airlines got too confident, and now they are paying the price despite record-breaking travel
Airlines added too much capacity amid confidence in soaring demand. Boeing, high costs, and fewer h…
Taylor Rains
ATF price slashed by 2.3 pc to Rs 1.17 lakh per kilolitre
Jet fuel (ATF) price was on Thursday reduced by 2.3 per cent, reflecting softening international oi…
PTI
Windfall profit tax raised on export of diesel, Jet fuel
This was done after a fortnightly review on Wednesday, a Finance Ministry notification said. …
Jet fuel prices hiked by 2% to an all-time high
Jet fuel prices on Friday were hiked by 2 per cent - the seventh straight increase this year - to a…
PTI
Southwest Airlines employs a crack team of 4 fuel traders to hedge energy prices — and they've saved the company $1.2 billion this year
Southwest's treasurer said the challenge of hedging fuel prices would humble anyone on Wall Street,…
Theron Mohamed
Naresh Goyal's 'incessant siphoning of funds' among reasons behind Jet Airways' downfall: ED
et Airways founder Naresh Goyal's "resistance" in diluting his stakes and "incessant siphoning off …
PTI
Air travel to get costlier as jet fuel prices rise further
Air travel is expected to get costlier as oil marketing companies on Wednesday raised the aviation …
Airfares are set to climb this summer due to higher fuel prices and more travelers taking to the skies, industry experts say
Domestic flight prices will rise 6% on average each month until August, while international fares w…
Kate Duffy
Nigerian airlines are threatening to ground domestic flights amid soaring jet fuel prices
Nigeria's competition watchdog urged airlines to reconsider grounding domestic flights and stop sel…
Jyoti Mann
A fuel company founder pled guilty to stealing more than $6.2 million from investors to charter private jets and visit nightclubs
The Exit 7C founder admitted he misrepresented financial data and used investor's funds to charter …
Grace Kay
Natural gas prices have nearly tripled in the US over the last year amid supply fears: 'There's almost no ceiling'
"You can reduce your driving a lot easier than you can reduce your natural-gas consumption," an ana…
Phil Rosen
How Las Vegas airports are bracing for an influx of private jets for the Super Bowl
Some Vegas airports are charging a special event landing fee ranging between $750 and $3,000 for pr…
Taylor Rains,Grace Kay
Jet Airways stock soars 47% as it’s all set to fly, but fuel costs, new players indicate turbulence ahead
Three years after it was grounded, Jet Airways is all set to fly again in July-September with a new…
Domestic airline prices are already up 36% this year as customer demand continues to hold up in the face of higher fuel costs
If you think your flight seems a little more expensive than a few months ago, you're not wrong &mda…
Gabrielle Bienasz
Elon Musk's private jets took 441 flights this year
It isn't easy running six companies, but Elon Musk's fleet of private jets certainly helps.