Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
Airbus is assembling the main airframe sections of China Airline’s first A350 XWB at the Final Assembly Line (FAL) in Toulouse, France, as a 2016 third-quarter delivery date approaches.
International traffic on Asia-Pacific carriers grew 7.9% to 276.3 million passengers in 2015, according to the Association of Asia Pacific Airlines (AAPA).
Boeing will further increase the 737 production rate to 57 aircraft per month in 2019, citing robust demand for narrowbodies, but the manufacturer is also cutting 777 production to seven aircraft per month in 2017.
Central European low-cost carrier (LCC) Wizz Air reported net profits of €15.6 million ($17 million) for 3Q 2015, a drop of 20.9% on the same quarter a year previously.
International traffic for Russian airlines was down 15.8% in 2015 to 39.5 million year-over-year (YOY), according to Russia’s Federal Air Transport Agency, Rosaviatsia.
Boeing reported net income of $5.18 billion for the full-year 2015, down 5% from a net profit of $5.45 billion in 2014, as significant one-time charges related to two programs—the KC-46 tanker and the 747-8—hit the bottom line.
Oslo Airport has started supplying Air BP Biojet via its regular fuel hydrant system, naming KLM Royal Dutch Airlines, Lufthansa Group and SAS Scandinavian Airlines as launch customers.
UK low-cost carrier (LCC) EasyJet’s FY 2016 1Q revenue of £929.5 million ($1.38 billion), a 0.1% year-over-year drop, reflected lower demand after terrorist attacks in Egypt and France.
Two Democratic members of the US Congress and several public advocacy groups came together to express their strong opposition to privatizing US air traffic control (ATC), though it is unclear whether the coalition—particularly the two Congressional Democrats—would oppose every potential plan to separate ATC from FAA.
Singapore-based low-cost carrier (LCC) Tigerair reported a 3Q 2016 net profit of S$6.8 million ($4.75 million), more than doubled compared to a S$2.2 million profit in the year-ago period.
Indian low-cost carrier IndiGo reported a 3Q 2016 net profit of INR6.57 billion ($96.6 million), up 23.7% compared to INR 5.31 billion in the year-ago period.
Air Canada workers, represented by the International Association of Machinists and Aerospace Workers (IAMAW), ratified a new 10-year collective agreement.
