Wednesday 24 April 2024
 
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Fuel cost

High fuel costs hitting Gulf Air profits

Gulf 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

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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

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