#RisingFuelPrices #AirfareIncrease #AviationIndustry
nypost.com
Fuel crisis set to wreak havoc on summer vacations as CEO issues...
United Airlines CEO Scott Kirby is warning travelers that rising jet fuel costs could soon hit airline ticket prices.
"No one hedges anymore, and even if you do, hedging the crack spread is really hard to do," Kirby said during a recent event at Harvard University.
#SpringBreak #TravelDisruptions #AviationIndustry
www.newsweek.com
Americans face perfect storm of travel chaos
Spring Break, among the busiest period for travel in the U. S. , is underway.
The season typically peaks in mid-March, and Airlines for America has projected that 171 million passengers will fly between the start of this month and the end of April, averaging roughly 2.
#AviationIndustry #OilPrices #AsiaEconomy
uk.finance.yahoo.com
Asia Airlines Hike Fares, Eye Groundings on Fuel Crunch Risk
(Bloomberg) -- Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.
#IndiaUSTrade #BoeingOrders #AviationIndustry
www.cnbc.com
India to reportedly buy up to $80 billion in Boeing aircraft following trade deal with U.S.
New Delhi is ready to place orders worth up to $80 billion for Boeing planes, India's Commerce and Industry Minister Piyush Goyal reportedly said, signaling New Delhi's willingness to expand trade with the U.
#AirTravel #AviationIndustry #TravelPolicies
nypost.com
Southwest makes huge change to seating policy -- here's why that's a...
Southwest's oft-chaotic open-seating policy is finally coming to an end -- and while some anxious flyers may rejoice in the move, experts say it's a harbinger of worse to come for economy passengers.
