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• Spirit Airlines collapses after 34 years as fuel costs double amid Iran war hostilities

  Published: May 2, 2026

  Section: Oil

  Spirit Airlines has officially ceased all operations, marking the first major U.S. aviation casualty of the two-month-old Iran war. The Florida-based discount carrier entered total...

• Indonesia Hikes Aviation Fuel Surcharge Ceiling to 38 Percent Following Middle East Energy Market Volatility

  Published: Apr 7, 2026

  Section: Asia

  The Indonesian government has authorized a dramatic increase in fuel surcharges for jet and propeller aircraft to mitigate the impact of surging global oil prices on domestic carri...

• American Travel Demand Hits Four-Year Low as War-Driven Fuel Costs Reshape Summer Vacations

  Published: Apr 2, 2026

  Section: US & Canada

  U.S. consumer intent to travel has plummeted to its lowest levels since 2022, with only 17 percent of Americans planning international trips over the next six months. Surging jet f...