Tag: Aviations
Airlines under pressure after jet fuel surges 100%
There are indications that airfares may jump in the coming weeks following the hike in the cost of aviation fuel, commonly referred to as...
United faces fuel surge, avoids cuts and aircraft delays.
The CEO of United Airlines Scott Kirby has said that despite jet fuel prices having more than doubled in the last three weeks, the...
Spirit Airlines negotiates $475m financing facility
Embattled Spirit Airlines has negotiated a multi-tranche debtor-in-possession (“DIP”) financing facility of up to $475 million from its existing bondholders.
The credit line will provide...
Flying To The US Is About To Get More Expensive: Here’s...
Flying to the United States is about to get more expensive, as US Customs and Border Protection (CBP) is set to increase the application...
