This table shows the 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.
The Portuguese government, which decided to sell 66% of flag carrier TAP Portugal last year, is moving forward slowly with the long-planned privatization process.
The Lufthansa Group, which is continuing its fleet modernization program in 2015, has taken delivery of its 16th Boeing 747-8 Intercontinental this week, replacing an older Boeing 747-400.
Tokyo-based Skymark Airlines has filed for bankruptcy protection after it was unable to establish a profitable niche in an increasingly competitive Japanese market.
GDC Technics of San Antonio, a global aircraft modification company, is looking to expand to Alliance Airport in north Fort Worth and could hire as many as 600 workers within five years, a GDC exec said.
PacAvi Group is partnering with Guangzhou Aircraft Maintenance Engineering Co. (GAMECO) to address the Chinese and Asian markets for Airbus A320 and A321 passenger-to-freighter conversions.
MTU Maintenance and Chilean low-cost carrier Sky Airline have signed an exclusive total engine care maintenance contract covering 26 CFM56-5Bs for eight years.
The United Arab Emirates’ (UAE) aviation regulator has ordered an immediate halt of flights to Baghdad after a flydubai aircraft was hit by bullets on approach to the Iraqi capital’s airport.
Boeing, boosted by a banner year for its Commercial Airplanes unit, reported 2014 net income of $5.45 billion, up 19% over a 2013 net profit of $4.59 billion.
Association of Asia Pacific Airlines (AAPA) DG Andrew Herdman is “strongly” advising the Indonesian government to make a preliminary report on the Indonesia AirAsia QZ8501 crash publically available.
More low-cost carriers (LCCs) are expected to announce nighttime schedules from Tokyo’s Haneda International Airport as it seeks to tap into Narita’s LCC dominance.
Dubai-based lessor International Airfinance Corp. (IAFC) has made its first acquisition with the signing of a firm purchase agreement with Airbus for five A330-200s, plus four further options.
Singapore-based lessor BOC Aviation has signed a firm order with CFM International for CFM56 engines to power 10 new A320s, part of its existing order with Airbus.
Following a circular from France’s Direction Générale de L'aviation Civile (DGAC) banning French operators from flying below FL240 in Pakistan airspace (Lahore and Karachi FIRs), the European Aviation Safety Agency (EASA) has issued a safety information bulletin (SIB) advising all operators to exercise “extreme caution” when planning to fly into, out of, within or above Pakistan airspace.
