Topic
airfares
Energy & Petrochemicals #jet fuel#airfares
Jet fuel prices cut to Rs 110/litre: Will airfares get cheaper?
Jet fuel prices have been cut to Rs 110 per litre, as reported by Business Today. The reduction could lower airline operating costs, but the source provides no details on the date, previous price, or underlying market factors. Commodity traders and analysts track jet fuel as a key derivative of crude oil.
Jul 8, 2026 1 source
Air Freight #airfares#jet fuel
Airfares Could Rise Up to 25% as Jet Fuel Costs Surge, McKinsey Warns
A McKinsey report warns that jet fuel costs could surge due to geopolitical disruptions and refinery constraints, potentially raising airfares by 20-25%. The jet fuel crack spread may average over $50 per barrel in 2026, up from historical levels of $20 or less. Supply constraints are emerging from major exporters in the Gulf and Asia, with countries like China, India and South Korea restricting fuel exports.
Jun 24, 2026 1 source