Fuel Cost

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%. ...


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. ...


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. ...