High fuel costs hitting Gulf Air profitsGulf Air, the national carrier of Bahrain, may be paying up to seven times more to buy its jet fuel than some regional rivals - crippling its chances of ever making a decent profit, a report said. In 2011, the company's More… |
Fuel costs 'may hit business-class recovery'Airlines are being boosted by a recovery in business travel, especially to fast-growing emerging markets, though rising fuel prices and weak consumer confidence are hindering growth at some European carriers. Dubai carrier Emirates said 20 More… |