Since its discovery 150 years ago, petroleum oil has become lifeline of the world. The entire structure of the modern mechanized world, consisting from transportation system, automobiles, airplanes, railways, ships to space rockets today operates primarily on the energy derived from the fossil fuels/petroleum oils. Apart from being mainstay of the transportation sector, petroleum products have also found wide application in a large range of […]
1) Discuss what air cargo carriers are doing to assist in the quest to find alternate fuel sources? The usual practice of air cargo carriers was to pass the high cost of aviation fuel to passengers via surcharges. Nevertheless, this industry is currently facing huge decline in profits due to the overnight doubling of fuel prices. According to the International Air Transport Association (IATA) profit […]
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