Mar. 12 at 4:33 PM
The global average jet fuel price last week rose +58.4% compared to the week before to
$157.41/bbl.
Jet fuel is generally airlines’ biggest cost after labor, accting for 20% of expenses or more
Analysts expect an earnings hit at least in 1Q26 if not 1H26, though the impact will depend on how long higher fuel prices last
US airline CEOs & other execs will update investors on Tuesday at the J.P. Morgan Industrials Conference
Note: 22.9% of all Middle East flights were cancelled & thousands more globally were disrupted
Airspace closures across Iran, Iraq, Israel, Qatar, Bahrain, Kuwait, Syria
$JETS $DAL $AAL $UAL $AC.TSX
