June 12, 2008 |
US Airways' top executive said fuel costs per passenger had doubled since 2007 and that the carrier would pay nearly $2 billion more for fuel in 2008. Doug Parker said the Tempe, Ariz.-based airline would try to recoup some of those costs with its recently announced fees for a second bag, choice seating and other service charges. He said the average per-passenger fuel cost in the airline's mainline operations had gone from $151 last year to $299 in 2008.
December 22, 2007 |
Airfares have risen nearly 6% this holiday season as carriers take advantage of strong demand to offset higher fuel costs. The average airfare booked between Dec. 19 and Jan. 1 was $362, up 5.8% from last year and 13.8% from the same period in 2005, said Chris Spidle, director of research at Sabre Airline Solutions. On Friday, United Airlines and Delta Air Lines added $10 round-trip fuel surcharges to ticket prices. Jet fuel prices are up 47% this year.
November 19, 2003 |
General Motors Corp. is trying to enlist the Chinese government in promoting cars that run on hydrogen fuel cells instead of gasoline, in hopes that the nation's potentially huge market might generate enough sales to make the new technology profitable. GM officials in Beijing said China could jump straight into alternative-fuel cars if it begins setting up special hydrogen filling stations now -- perhaps alongside new gas stations as they are built.
October 8, 2008 |
A former Army contractor pleaded guilty to stealing nearly $40 million worth of jet and diesel fuel from a U.S. Army base in Iraq and selling it on the black market. Lee W. Dubois, 32, of Lexington, S.C., faces up to 10 years in prison when he is sentenced in Alexandria on a single count of theft of government property. He also will be required to pay restitution. Dubois had been a captain in the Army dealing with contract issues until he took a job in 2007 with Kuwait-based Future Services General Trading and Contracting Co. Dubois that he and others used false paperwork to draw more than 10 million gallons of fuel from Camp Liberty in Baghdad between October 2007 and this May. Dubois earned at least $450,000 from the scheme.
April 4, 1987 |
American Motors Corp. announced Friday that it is recalling about 20,000 Jeep vehicles built between Jan. 15 and March 3 for a possible fuel injection system problem that may prevent a return to idle after acceleration. Models involved include Cherokee, Wagoneer and Comanche vehicles with 4.0-liter, six-cylinder engines.
October 9, 2003 |
The Army, which must haul its fuel with it when it takes the field, has hired an Irvine-based fuel systems developer to build a prototype special operations vehicle that would run quietly on a hydrogen-powered fuel cell. The contract calls for Quantum Fuel Systems Technologies Worldwide Inc. to develop an all-terrain vehicle over the next 10 months. A six-month field test would follow. The size of the contract was not revealed.
June 23, 1994 |
More than 1,000 Northern California small-plane pilots bought contaminated Chevron fuel last month, and officials were still trying to track down several dozen aviators. The Federal Aviation Administration emphasized Wednesday that no crashes have been traced to the fuel, which was improperly mixed last month at Chevron's Richmond refinery. "As of right now, contaminated fuel is not suspected in any of the accidents that have occurred since May 16," agency spokesman Hank Verbais said.
December 23, 2003 |
The Bush administration is looking at making larger sport utility vehicles, such as the Hummer H2, the Ford Excursion and the GMC Suburban, and large pickup trucks comply with federal fuel economy standards for the first time. The National Highway Traffic Safety Administration also said Monday that it was seeking comments on whether to change the definitions of cars and light trucks.
July 12, 1997 |
Investigators trying to learn why TWA Flight 800 exploded have installed monitors on the fuel tanks of a Boeing 747 and will measure vibrations and temperatures under various conditions during a rigorous set of tests. Data from the flight tests will be compared to what is known about the Flight 800 mystery nearly a year after the plane went down off Long Island, killing all 230 people on board. Investigators know that Flight 800's nearly empty center fuel tank exploded.
October 24, 2008 |
JetBlue Airways Corp., the U.S. carrier partly owned by Germany's Deutsche Lufthansa, posted a third-quarter loss of $4 million as fuel costs rose. The loss of 2 cents a share compared with net income of $23 million, or 12 cents, a year earlier, the New York-based airline said. The results included a gain of $26 million from contracts that locked in some fuel prices in advance. Sales rose 18% to $902 million. Shares of JetBlue rose 1 cent to $5.02.