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Tourism faces the high cost of fuel

Whether we like it or not, tourism entities need to begin to consider the on-going relationship between the cost of oil and the cost of travel.

New taxes on air travel opposed by IATA

NEW DELHI, India - As Indian carriers protest the proposed hike in service tax on air travel, global airlines body IATA has said such taxes would compromise the industry's ability to maintain margins

Air Transport Association pleads for reduced fuel speculation

WASHINGTON, DC - The Air Transport Association of America (ATA)is urging the Commodity Futures Trading Commission (CFTC) to further reduce speculative position limits for energy.

Indian airlines to pass on new burden to passengers

Mumbai - Air travel is likely to become more expensive as domestic carriers deal with the double blow of an expanded service tax regime and a levy on crude imports from 1 April.

DOT: Fuel costs for US carriers significantly lower in May

Fuel costs for U.S. airlines edged lower in May from the prior month and dropped sharply from a year earlier, according to the Department of Transportation.

Airlines say they can’t afford another huge oil price jump

FORT WORTH — The 25% run-up in oil prices over the past month that has motorists again scrutinizing gas station price signs heading into the Memorial Day weekend also has U.S.

go! institutes first checked bag surcharge

HONOLULU, Hawaii - go!

Jet2.com to Ryanair: Bite me

The boss of Leeds-Bradford Airport based low-cost airline Jet2.com has gone head to head with his opposite number at Ryanair after his rival claimed the Yorkshire firm would go out of business because of soaring fuel costs.

Pakistan’s national airline to sell planes due to fuel, maintenance costs

KARACHI, Pakistan - Pakistan's state airline says it plans to sell eight of its Boeing 747 airliners because of rising fuel and maintenance costs.Pakistan International Airlines spokesman Chaudhry Mohammad Bashir said Thursday the eight planes were taken out of service a few days ago. Bashir said the airline has bought nine 777 airliners to replace the craft because they consume less fuel.