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Fuel Cost

Aviation Economics & Finance
Japan to lower aviation fuel tax by 80% to support airlines

Japan to lower aviation fuel tax by 80% to support airlines

In an effort to support the aviation industry, Japan plans to temporarily cut its aviation fuel tax by 80%. ...

Civil Aviation
Otto Aviation unveils new fuel-efficient business jet Celera 500L

Otto Aviation unveils new fuel-efficient business jet Celera 500L

Otton Aviation unveiled a full-scale prototype for a new fuel-efficient passenger aircraft Celera 500L. If the manufacturer’s promise comes true, the aircraft will be one of the most environmentally friendly business jets ever produced. ...

Aviation Economics & Finance
IATA sees jet fuel price drop back, continue on modest decline

IATA sees jet fuel price drop back, continue on modest decline

Jet fuel fell back below $90 a barrel as oil prices eased slightly in July, but the upward trend remains in place, the IATA has said in its latest report. ...