Wizz Air’s policy not to hedge fuel costs has bitten it hard in the first quarter of FY23. While passenger numbers and revenues significantly increased, they were negated by the effects of higher fuel and operating costs. It pushed the ultra-low-cost carrier...
It’s always good to get the US DoT’s T-2 update. This may be one of the most useful datasets as it has lots of the metrics we use for modeling. Here’s an example of the fleet fuel burn, now updated through 1Q22. The aircraft are listed in...
Embraer and Raízen signed a Letter of Intent with a commitment to stimulate the development of the sustainable aviation fuel (SAF) production ecosystem, reinforcing the sustainability agenda of both companies. Among all intentions, Embraer will become the first...
United Airlines, which has invested in more sustainable fuel production than any other airline in the world, has become the first US airline to sign an international purchase agreement for sustainable aviation fuel (SAF). United has signed with Neste to provide the...
The unpredictability of crude oil prices and their effect on jet fuel prices makes Lufthansa Group very cautious about the financial results for the full-year 2022. Although the airline is seeing strong bookings, fuel costs are a negative factor. Lufthansa will...
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