American Airlines is temporarily suspending some of its routes this summer, as steep jet fuel costs continue to strain ...

Chevron CEO Mike Wirth says tightening jet fuel supplies may intensify airline pressure, with rising costs, reduced capacity and higher ticket prices expected.

Europe has only roughly six weeks of jet-fuel supply left and could soon face flight cancellations as the war in Iran strains global markets, said Fatih Birol, executive director of the International ...

The government expects this arrangement to rein in runaway airfares, besides easing the pain for oil companies as well as ...

Airlines are entering a period of sustained cost pressure that is unlikely to ease meaningfully through 2026 and into 2027, regardless of how geopolitical events evolve. While oil markets have shown ...