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Air travel may become costlier by up to 25% in the coming days. Global consulting firm McKinsey has made this claim in its report. It was reported in the report that due to ongoing geopolitical tensions and refinery problems around the world, the supply of jet fuel has been affected, due to which the costs…
Last Updated:June 07, 2026, 8:52 PM IST IATA welcomes India’s proposed ATF price stabilisation fund, citing extreme jet fuel price volatility. IATA represents more than 370 airlines worldwide, including Air India, IndiGo, Air India Express and SpiceJet. A senior executive of the International Air Transport Association (IATA) has welcomed the government’s decision to establish an…
Last Updated:April 09, 2026, 6:14 PM IST Delta Air Lines refinery bet pays off as global jet fuel prices surge from Gulf supply disruptions, boosting earnings and cutting fuel costs while other airlines face pressure Inside Delta’s Strategy: Owning a Refinery to Tackle Fuel Costs The rising jet fuel prices are the biggest challenge for…