Skip to main content

IATA Economics

You are here: Skip Navigation LinksHome » Areas of Activity » Economics » Fuel Price Monitor

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 index and price data shows the global average price paid at the refinery for aviation jet fuel on Friday of each week.

This week's price of aviation jet fuel (Friday value):

 

Percentage change vs.

04-May-12

Index*

$/b

cts/gal

$/mt

1 week ago

1 month ago

1 year ago

Jet Fuel Price

355.4

130.0 

309.6

1024.7

-4.3%

-5.4%

-0.7%

Sourced from Platts            * 100 in 2000 (87 cts/gal)    

For daily price information and market commentary visit the Platts jet fuel microsite.

Impact on this year's fuel bill of the global airline industry:

New fuel price average for 2012

Impact on 2012 fuel bill

$134.8/b

+$41 billion

Estimated by IATA              IATA Methodology 



IATA Consulting

Terminology

  • $/b : US dollars per barrel
  • cts/gal : US cents per gallon
  • $/mt : US dollars per metric ton

The Jet Fuel Price Monitor is a joint IATA - Platts initiative

          
Disclaimer

Additional information

© IATA 2012. All rights reserved.