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Fuel costs are making Gulf airlines rethink how long to keep older jets flying
Gulf airlines rethink their fleets | Aphrodite’s toll | Egypt stocks up
Wednesday, 21 October 2026
Welcome back, friends.
Fuel is now set to make up 31.4% of airline operating costs this year, and Gulf carriers are reaching different answers on their older jets. Egypt and Chevron have initialed Aphrodite’s fiscal agreement as a pipeline fee dispute lingers, Aramco and its Asian buyers are at odds over 2027 contracts, and Asyad Group is selling up to 6.25% of Asyad Shipping.
Today at a glance
Transportation
Rail
Egypt expands Balkans trade gateway as Arab-Balkans Corridor launches
The Arab-Balkans Corridor went live on 29 September, formalizing a…
Ports
Morocco lets OCP move its phosphate logistics into separate companies that can bring in investment funds
The carve-out lands as OCP courts outside equity for its…
Aviation
Fuel costs are making Gulf airlines rethink how long to keep older jets flying
With new jets still years late, Qatar is retiring, Emirates…
Storage + Warehouses
Egypt is preparing four more strategic warehouses for private-sector PPPs as its first three near full operation
The first batch cost more than twice what the state…
Projects
Business
Explainers
Inside the split between oil on paper and oil in hand
The war exposed the gap between futures prices and physical…
East Port Said, Tanger ports face a new challenge with Europe’s carbon rules for shipping — but green bunkering can help
To prevent losing volumes to non-EU transhipment hubs and evasive rerouting, the EU set up a list of high-risk neighboring container transhipment…
