IATA, its May/Jun-2012 Airlines Financial Health Monitor, stated (04-Jul-2012) jet fuel prices have eased back to levels seen in late 2010, 20% below the peak earlier this year. Crude oil prices tipped below USD100/bbl in Jun-2012 for the first since Feb-2011. Saudi Arabia continues to increase crude oil supply, in efforts to keep prices down and support the global economy. The increases in oil stocks by Saudi Arabia is more than offsetting any fall in output from Iran. Separately, IATA stated fuel prices for the week commencing 22-Jun-2012 stood at USD112.2/bbl, marking a 1.9% week-on-week decline, a 8.3% month-on-month decline and a 9.0% year-on-year decline. [more – original PR]
IATA notes easing of jet fuel prices back to levels seen in late 2010
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Their initial Dec-2016 codeshare announcement was, in practical terms, small but showed the possibility, as they stated, to expand cooperation. However, it would be a leap to go from their handful of codeshares to a 17-Jan-2017 article from Italian daily newspaper Il Messaggero that Etihad could invest in Lufthansa on the way to a possible merger between the two. A subsequent denial in a Reuters story that "A financial stake is out of the question at the moment", does little to dispel the rumour. Were it not for the last three words of that statement the rumour would lack credibility.
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Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
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