Iran Air has nearly doubled many international fares after the Iranian government decided to end jet fuel subsidies.
Delta Air Lines on Monday announced it had reached an agreement to buy a disused oil refinery near Philadelphia, a move which many industry pundits promise to puzzle over for years to come. Monroe Energy, a wholly-owned subsidiary of Delta, will buy the Trainer Oil refinery in Trainer, Pennsylvania — on the Delaware River about […]
Delta Air Lines, Air France KLM, and Alitalia have announced a year-over-year 7 to 9 percent reduction in trans-Atlantic passenger capacity this fall as the airlines respond to a significant increase in jet fuel prices and fluctuating seasonal demand.
Despite the airline industry’s current turmoil and counter to predictions by pundits that this years major international air show would be a bust, Farnborough got off to a great start with excellent attendance and all major exhibitors out in full force.