The aviation fuel management company i6 Group released a report stating that due to the continuous closure of airspace in the Middle East, the fuel costs for European airlines will increase by 5.6 to 8.4 billion US dollars in the summer of 2026. Since late February 2026, flights between Europe and Asia or East Africa have been forced to take alternative routes, resulting in longer flight distances. In the i6 network alone, the additional fuel costs due to monthly circling flights amount to 131 million US dollars. At the same time, the average fuel inventory at 61 airports in Europe increased by 62.2% compared to the same period in 2025, with supply exceeding demand by 17%, reflecting the preventive stockpiling by operators in response to potential supply disruptions in the Strait of Hormuz. In terms of the environment, the additional carbon dioxide emissions from circling routes amount to approximately 415,000 tons per month, equivalent to the emissions from nearly 6,000 round-trip fli
BGS has renewed the fuel service agreement with SkyUp Airlines. Starting from April 2026, the company will provide aircraft refueling services for SkyUp's Baltic region charter flights at three airports in Tallinn, Riga, and Palanga. The cooperation between the two parties began in 2018 in the Ukrainian market and was briefly suspended due to the war. In 2022, after SkyUp moved some of its operations to the Baltic region, the cooperation resumed. This renewal reflects a long-term partnership based on reliable services and mutual trust. Stable fuel supply will also help SkyUp expand its European charter flight network.
TCR has reached a cooperation agreement with JetBlue, providing full-service leasing, maintenance and repair services for ground support equipment (GSE) for the latter at three major airports in the United States. The company plans to expand this cooperation to more airports in the future. To support this collaboration, TCR will expand or build new maintenance workshops in Boston, Fort Lauderdale and Orlando. This cooperation will support the turnaround operation of over 500 JetBlue flights every day, improving equipment availability and safety. At the same time, the cooperation will help JetBlue promote the electrification and modernization upgrade of its GSE fleet, and TCR's flexible leasing model will also enhance capital efficiency. TCR stated that this cooperation reflects the mutual commitment of both parties to operational excellence and a sustainable future.
Aeroservicios USA, headquartered in Miami, specializes in refurbishing second-hand ground support equipment (GSE) to a like-new condition and selling, leasing new and second-hand GSE as well as their components. The company was founded by Gabriel Serrano and his father in 1996, and Serrano will continue to serve as the CEO. After being acquired by CSI Leasing, Aeroservicios USA will also be responsible for refurbishing and reselling the returned GSE from CSI. This partnership aims to provide ground support companies and airlines with a one-stop service that combines high-quality GSE with flexible financing solutions. Aeroservicios USA operates two complete workshops and a storage area covering an area of approximately 5.8 acres in Miami, and has a 19,000-square-foot workshop in Guatemala. The CEO of CSI stated that Aeroservicios' refurbishing experience and deep understanding of the market will help CSI offer more competitive lease prices and additional services; Serrano said that the