Its finances, strained by stiffening competition from big network carriers, buckled under the weight of rising fuel costs.

The US is in no immediate danger of running out of jet fuel, but the global shortage is driving up fuel prices for US carriers. They are cutting back on cheap airfares and less profitable flights, a ...

Jet It, the 12 th largest U.S. private jet operator measured by fractional and charter flight hours, is shutting down after grounding its fleet a week earlier. According to Flying magazine, the ...

The closure of the Strait of Hormuz has squeezed global oil supply, putting pressure on California's jet fuel reserves.

Europe may face a jet fuel shortage in several weeks, perhaps leading airlines to cancel flights ahead of the busy summer travel season.

I’m kitted out in aluminum trousers, fireproof layers and heavy boots. No, I’m not about to fight a fire in Southern California’s hills. Rather, I’m about to fly a jet pack, and its owner is keen I ...