Jet fuel prices rise above $90, highest since Nov 2014

Jet fuel prices have breached the highest level since November 2014 and are currently sitting just above $90 per barrel, IATA said in its latest financial monitor. The current jet fuel price is nearly 55% higher than it was a year ago, IATA said on Thursday. “Global oil prices have trended upwards since early 2017, […]

Global airline share prices up 2.1% y-o-y in May, says IATA

Airline financial data continue to show that industry profitability improved in Q1 2018 relative to the same period a year ago, according to the International Air Transport Association (IATA). However, it said global airline share prices fell by a further 2.8% in May "“ the fourth monthly decline in a row "“ to leave them […]