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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.
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.
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.
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.
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.