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Tulum tiene un aeropuerto prácticamente nuevo, pero cada vez menos vuelos. El combustible está elevando los costos de las aerolíneas, amenazando sus planes de capacidad y complicando incluso la salida a bolsa de Abra, dueño de Avianca y Gol. (Source: Bloomberg)
Brazil's Embraer reported a record US$35.7 billion order backlog for the third quarter, with US airlines among the biggest waiting customers. The post Embraer Order Backlog Hits Record US$35.7B appeared first on The Rio Times.
Dozens of Air China passengers stranded in Cuba by successive cancellations were due to fly out on an extra flight on Monday, as a US oil embargo deepens the island’s energy crisis. The disruption has hit one of Cuba’s last direct air links to Europe, the Chinese carrier’s twice-weekly route between Beijing and Havana via Madrid. Air China added flight CA590 for travellers whose regular CA866 service was cancelled before October 10, the Chinese embassy said in a notice on Sunday. The flight was...
Mexican airlines can expand service to US cities after Washington lifted restrictions that blocked new routes from Mexico City’s two biggest airports.
Volaris starts nonstop flights to Washington Dulles, Atlanta, Chicago and Las Vegas from 1 December. Dates, days and entry tips for US travellers. The post Volaris Opens Four New US Routes From Mexico on 1 December appeared first on The Rio Times.
Fuel is a huge expense for airlines and with two major wars now affecting energy infrastructure, fuel prices across the board are higher and higher. David Kang, former group treasurer at Qatar Airways, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how airlines use swaps and options to hedge against future increases in the price of jet fuel. (Source: Bloomberg)
An art and a science.
Fuel is a huge expense for airlines, and even on a good day, jet fuel prices are pretty volatile. Throw in two major wars now effecting energy infrastructure, and fuel prices across the board are higher and higher. Airlines have long tried to manage this expense through fuel hedging, using things like swaps and options to hedge against future increases in the price of jet fuel. David Kang, former group treasurer at Qatar Airways, has firsthand experience hedging for a large carrier, and he tells
Alaska Airlines CEO Ben Minicucci sits down with Bloomberg's Romaine Bostick during the company's investor day to discuss the airline's foray into plush seats, new lounges in Seattle and Honolulu and international flights. (Source: Bloomberg)