2021

TEAM TALKS

Jet fuel prices and airline profitability

The jet fuel price ended last week up 3% at $70.0/bbl. As shown in the chart, the Brent crude oil price bottomed out the last week of April 2020 when it reached USD 21/bbl. However, from October 26, 2020 up to today the Brent price has increased by almost 75%, negatively impacting airline margins and profitability.

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MIDAS Aviation