- MSNBC
Opinion | Boeing’s failures expose a dark secret about the ‘free market’
The Senate held two hearings around Boeing scandals and whistleblowers this week. But the problems are much bigger than one company and its regulators.
- Reuters
United Airlines cancels flights to Tel Aviv through May 2 on security concerns
United Airlines on Friday canceled its daily flight from Newark, New Jersey to Tel Aviv in Israel through May 2 due to security concerns after Israel's apparent strike on Iran. The carrier said a scheduled second flight from Newark to Tel Aviv has also been canceled until May 18. Germany's Lufthansa also called off all flights to Tel Aviv and Erbil until Saturday and said it would fly around Iraqi airspace during the period.
- Reuters
Jet fuel demand growth lags as air traffic exceeds pre-pandemic level
Global flight activity passed pre-pandemic levels for the first time in four years last week, but jet fuel demand growth has not kept apace as newer fleets of aircrafts become more fuel efficient and carry more passengers. Aviation fuel, a product refined from crude oil, has been the single biggest contributor to oil's post-pandemic bonanza, accounting for almost half the increase in total oil demand, according to the International Energy Agency (IEA). That makes jet fuel's pace of growth critical in forecasting how long it will take for fossil fuel demand to peak - the biggest question energy market participants are grappling with.
