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The domestic carrier expects jet fuel to cost $3.15 to $3.25 per gallon during the third quarter, versus prior expectations of $2.70 to $2.80. United gave a similar warning, noting since mid-July ...
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Warren C. Platt (1883–1963) started the magazine National Petroleum News in Cleveland, Ohio in 1909. He expanded the business with the publication of the newsletter called Platts Oilgram in 1923, which went on to be recognized as an influential source for petroleum prices. The companies founded by Platt that published prices and news were ...
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
Airbus lifted the lid on one of the aircraft industry's worst-kept secrets on Thursday, revealing the scale of average discounts in the cut-throat global jet market. For years, planemakers such as ...
In performance calculations, airliner manufacturers use a density of jet fuel around 0.80 kg/L (6.7 lb/US gal; 8 lb/imp gal). Specific cases are: Bombardier Aerospace: The Challenger Multi-role Aircraft is a special mission variant of the Bombardier Challenger 650 business jet platform. Bombardier bases performance on the use of fuel with an ...
New light jet prices range from $5.75 million to $11.89 million to buy. Midsize jets: With a capacity of about five hours of travel at a time, midsize jets work well for both short and mid-range ...