Jet fuel prices in the aviation industry were at an all-time low during 2020; the lowest value recorded was in the week of May 1, 2020 at 0.46 U.S. dollars per gallon. Now that air passenger demand is improving, the rise in jet fuel prices is putting pressure on the airline industry that is trying to return to profitability.
Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon)
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Flightglobal. (March 16, 2022). Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal. "Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) ." Chart. March 16, 2022. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal. (2022). Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) . Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal. "Average Weekly Jet Fuel Price from October 2016 to March 2022 (in U.S. Dollars per Gallon) ." Statista, Statista Inc., 16 Mar 2022, https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal, Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) Statista, https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/ (last visited April 26, 2024)
Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) [Graph], Flightglobal, March 16, 2022. [Online]. Available: https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/