A looming jet fuel shortage in Europe and Asia, driven by the Iran war and closure of the Strait of Hormuz, could upend global travel within weeks if oil doesn't start flowing again soon – pushing up ...

President Trump has ousted Kristi Noem from the Department of Homeland Security, but his administration is hanging on to the controversial $70 million jet she leased during her tenure, according to a ...

Gas prices are grabbing the headlines, but jet fuel prices have doubled in the last two months. So far, air fares are only up modestly. But that could change in the next couple of months. “We are ...

CHICAGO, March 25 (Reuters) - When Delta Air Lines (DAL.N), opens new tab bought an aging refinery outside Philadelphia in 2012, the move looked unusual. Most carriers buy jet fuel from suppliers.

WASHINGTON — An executive jet the Department of Homeland Security has told the White House’s Office of Management and Budget it needs for immigrant deportation flights and Cabinet officials’ travel ...

Shares of Caterpillar, the maker of mining and construction machinery, are up more than 30% since year-end, making it the biggest contributor to the Dow Jones Industrial Average. WSJ’s Jonathan Weil ...

The polar jet stream is a high altitude air current, flowing at elevations between 8 and 12 kilometers, that moves at very high speeds across the Northern Hemisphere. Its role is to separate cold air ...

Forbes contributors publish independent expert analyses and insights. Doug Gollan covers private aviation and the business of luxury travel. Demand for private jet flights has again reached a record ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The U.S. Air Force has begun modifying a $400 million Qatari "gift" jet ...

The U.S. accepted a luxury Boeing Jet as a gift from Qatar in May, with plans to retrofit it to become the next Air Force One. The Air Force says the effort will cost less than $400 million for the ...

Michael Jordan is taking luxury to new heights — literally. The NBA legend has dropped a jaw-dropping $70 million on a customized private jet, which nods to his iconic line of Air Jordan sneakers.

Radiant diamonds, sapphires, and rubies have been among the most coveted gemstones on the planet for nearly a century. But long before their reign, a far less dazzling gem captured the hearts of ...