When the Pentagon submitted its fiscal year 2026 budget request to Congress earlier this year, buried in the Air Force ...

A Cessna Citation 560 abruptly turned around in the sky with no radio contact, before crashing in Virginia. The investigation ...

The Pentagon estimates the war with Iran has cost $25 billion so far. And, the Supreme Court ruled that Louisiana's 2024 ...

Lufthansa accelerated the shutdown of CityLine, absorbing short-term disruption for long-term cost savings amid a fuel price ...

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 ...

PARIS—For more than a month, the war with Iran has choked off one of the world’s most critical sources of jet fuel, triggering a swift and dramatic shortage across the aviation world. Airlines, ...

An international jet fuel shortage is driving up airfares and triggering thousands of flight cancellations as airlines grapple with rising costs. Analysts warn the crisis could deepen in the coming ...

James LaPorta is the national security coordinating producer for the CBS News' Washington bureau. He is a former U.S. Marine veteran infantryman and veteran of the Afghanistan war. Washington — A U.S.

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 ...

Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to ...