IATA's Willie Walsh described a recent International Energy Association assessment of the fuel situation as “sobering.”

EASA has certified the Pratt & Whitney GTF Advantage powered version of the Airbus A320neo, clearing the way for entry into service later this year.

Edelweiss Air has adjusted its long-haul program, cutting two U.S. destinations from its network citing rising fuel prices as well as reduced demand for the services.

VietJet Air has signed a lease agreement with SPDB Financial Leasing for 10 Comac C909 aircraft, expanding its fleet of Chinese-built jets to 12.

As fuel costs spike and its reorganization plan weathers scrutiny, Spirit Airlines is again facing questions about its ability to emerge from Chapter 11 as a going concern.

The steep increase in oil prices since the war between the U.S., Israel and Iran began is even more acute for airlines, which are seeing costs of jet fuel increase from around $90 per barrel (p/b) to between $180 and $220 p/b.

Gulf carriers are facing up to the reality that the war in Iran is threatening the attractiveness of their region as a tourist destination.

South Sudan is moving closer to a bilateral Air Service Agreement (ASA) with Ethiopia following high-level discussions.