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New fuel farm approved for airport
In Georgia, US, construction of a new fuel farm is soon to get underway at the Polk County Airport after its board of commissioners approved a $322,299.98 (€246,470) bid from Cobb Environmental & Technical Services.
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Cathay Pacific's profits down due to unstable market
Cathay Pacific's 2011 profits were down 60.8% compared to the record breaking HK$14,048 million (€1,390 million) it reported in 2010.
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Jet fuel prices up second time this month
In India, the price of jet fuel has been ramped up for the second time this month.
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SBD files for bankruptcy protection
SBD Airport Services, the troubled jet fuel provider and fixed base operator of Californian airport San Bernardino International accused of breaching its fuelling agreement, filed for bankruptcy protection on 8 March, claiming the airport is deliberately driving it out of business.
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Kingfisher's key oil provider ceases supplies
Kingfisher Airlines' key oil provider has ceased supplying it jet fuel after the airline ran behind on payments, which led to the cancellation of six flights in Bombay and further delays in Delhi.
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China airlines' profits down 30% due to rising fuel prices
In China, the price of domestic jet fuel has risen for the second time in 2012 as the cost of global oil continues to rise.
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Former Air BP FBOs rebranded and recruited to new network
All FBOs in the US and Canada that were previously operating under Air BP have now been renamed under EPIC Aviation's fuel brand.
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High fuel costs see Singapore Airlines increase surcharges
Singapore Airlines is to increase its ticket prices – a move which has been brought on by the soaring cost of jet fuel.
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Emirates ramps up ticket prices in the face of surging oil costs
Emirates has been forced to implement additional surcharges to its passengers to avoid going bankrupt at a time when fuel prices are continuing to rise.
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Editorial
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