Jet Fuel Price Monitor
Each week IATA updates its jet fuel price index to provide the latest price data from the leading energy information provider Platts. The weekly index and price data shows the global average price paid at the refinery for aviation jet fuel.
This week's price of aviation jet fuel:
|
|
Percentage change vs. |
|
18-Jul-08 |
Index* |
$/b |
cts/gal |
$/mt |
1 week ago |
1 month ago |
1 year ago |
|
Jet Fuel Price |
453.9 |
166.1 |
395.4 |
1308.6 |
-7.1% |
-0.2% |
81.7% |
|
Sourced from Platts * 100 in 2000 (87 cts/gal)
Note: Figures may be revised due to uncertainty over pricing data for Latin America |
Impact on this year's fuel bill of the global airline industry:
|
New fuel price average for 2008 |
Impact on 2008 fuel bill |
|
$140.6/b |
+$89 billion |
|
Estimated by IATA IATA Methodology |