aviation sector

Flights To Bali Cancelled Following Volcanic Eruption

Air New Zealand to team up with Virgin Australia for renewable fuel options

Air New Zealand has joined hands with Virgin Australia to scrutinise options for internally manufactured aviation biofuel. The move mirrors airlines' effort to reduce aviation impact on global warming.

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Views Of Tankers & Refineries As Oil Trades Near 12-Year Low

Cheap oil benefits consumers, hits governments

The lower oil price for about 19 months is benefiting the consumers, but creating a lot of problems for the global governments and business firms. Many banks and the US government forecast oil price above $40 a barrel this year. The oil price fell to below $30 during the past 19 months from $107 a barrel.

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