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News
Jet fuel price spikes not as bad as feared
Spikes in the price of jet fuel following attacks on Saudi Arabian facilities earlier this month were not as bad as feared as crude oil was trading only fractionally higher by the end of last week.According to the weekly IATA-Platts Jet Fuel Price Index, the cost per gallon of aircraft ...
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News
Saudi oil attacks set to hit air cargo prices
It is "inevitable" that spikes in the price of oil as a result of attacks on Saudi Arabian facilities at the weekend will drive up the price of air cargo.The attacks, which took place on Saturday, took out around 5% of global oil supply.Brent Crude prices - a benchmark for ...