blank – page on jet fuel price needs more work
Date added: 29 January, 2007
Weekly Jet Fuel Prices, for recent weeks. See below.
| Percentage change vs. |
20-Jan-12 | Index* | $/b | cts/gal | $/mt | 1 week ago | 1 month ago | 1 year ago |
Jet Fuel Price | 353.1 | 129.2 | 307.6 | 1018.0 | -0.3% | 4.9% | 15.4% |
| Sourced from Platts * 100 in 2000 (87 cts/gal) |
Impact on this year’s fuel bill of the global airline industry:
New fuel price average for 2012 | Impact on 2012 fuel bill |
$129.5/b | +$32 billion |
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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.
Jet Fuel Price 07- Oct -11 Index* $ 334.0 * 100 in 2000 (87 cts/gal)$/b $ 122.2
Percentage change vs1 week ago – 0.5%1 month ago – 5.9% %1 year ago + 27.5% Sourced from Platts
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Jet Fuel Price 08- Aug-11 Index* $ 341.5 * 100 in 2000 (87 cts/gal)$/b $ 124.9
Percentage change vs1 week ago – 6%1 month ago – 2.2 %1 year ago + 33.6% Sourced from Platts
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Jet Fuel Price 15- July-11 Index* $ 361.4 * 100 in 2000 (87 cts/gal)$/b $ 132.2
Percentage change vs1 week ago + 0.4%1 month ago – 0.1%1 year ago + 52.5% Sourced from Platts
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Jet Fuel Price 8- July-11 Index* $ 344.4 * 100 in 2000 (87 cts/gal)$/b $ 126.0
Percentage change vs1 week ago 0.0%1 month ago – 5.1%1 year ago + 45.7% Sourced from Platts
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Jet Fuel Price 1- July-11 Index* $ 344.2 * 100 in 2000 (87 cts/gal)$/b $ 125.9
Percentage change vs1 week ago 4.3%1 month ago – 4.1%1 year ago + 51.1% Sourced from Platts
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Jet Fuel Price 18- June-11Index* $ 351.9 * 100 in 2000 (87 cts/gal) $/b $ 128.7
Percentage change vs1 week ago – 4.1%1 month ago + 0.9%1 year ago + 40.5%
Sourced from Platts———————————————————
Jet Fuel Price 11- June-11
Index* $ 366.8 * 100 in 2000 (87 cts/gal)
Percentage change vs1 week ago 1.9%1 month ago – 3.1%1 year ago 53.7%
Sourced from Platts———————————————–
Jet Fuel Price 3- June-11
Index* $ 359.0 * 100 in 2000 (87 cts/gal)
$/b $ 131.3
Percentage change vs
1 week ago 0.9%
1 month ago – 5.2%%
1 year ago 49.9% Sourced from Platts
Impact on this year’s fuel bill of the global airline industry:
New fuel price average for 2011 $127.4 /b ?
Impact on 2011 fuel bill +$ 60 billion ?
Estimated by IATA
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Jet Fuel Price 20-May-11
Index* $ 344.7 * 100 in 2000 (87 cts/gal)
$/b $ 126.1
Percentage change vs
1 week ago – 2.6%
1 month ago – 9.7%
1 year ago 52.7% Sourced from Platts
Impact on this year’s fuel bill of the global airline industry:
New fuel price average for 2011 $127.4 /b ?
Impact on 2011 fuel bill +$ 60 billion ?
Estimated by IATA IATA Methodology
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Jet Fuel Price 06-May-11 Index* $ 348.0 * 100 in 2000 (87 cts/gal)$/b $ 127.3
Percentage change vs1 week ago – 10.9%1 month ago – 8.5%1 year ago 39.40% Sourced from Platts
Impact on this year’s fuel bill of the global airline industry:
New fuel price average for 2011 $127.4 /b ?
Impact on 2011 fuel bill +$ 60 billion ?
Estimated by IATA IATA Methodology
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Jet Fuel Price 29-Apr-11 Index* $ 387.5 * 100 in 2000 (87 cts/gal)$/b $ 141.8cts/gal $ 337.5$/mt $ 1117.2
Percentage change vs
1 week ago 1.2%
1 month ago 6.2%
1 year ago 45.60% Sourced from Platts
Impact on this year’s fuel bill of the global airline industry:
New fuel price average for 2011 $127.4 /b
Impact on 2011 fuel bill +$ 60 billion
Estimated by IATA IATA Methodology
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Jet Fuel Price 22-Apr-11 Index* $ 383.2 * 100 in 2000 (87 cts/gal)$/b $ 140.2cts/gal $ 333.7$/mt $ 1104.8
Percentage change vs
1 week ago 0.1%
1 month ago 3.5%
1 year ago 47.70% Sourced from Platts
Impact on this year’s fuel bill of the global airline industry:
New fuel price average for 2011 $125.5 /b
Impact on 2011 fuel bill +$ 58 billion
Estimated by IATA IATA Methodology
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Jet Fuel Price 15-Apr-11 Index* $ 382.6 * 100 in 2000 (87 cts/gal)$/b $ 140.0cts/gal $ 333.3$/mt $ 1103.2
Percentage change vs
1 week ago -2.2%
1 month ago 5.8%
1 year ago 45.0% Sourced from Platts
Impact on this year’s fuel bill of the global airline industry:
New fuel price average for 2011 $125.6 /b
Impact on 2011 fuel bill +$ 57 billion
Estimated by IATA IATA Methodology
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One barrel of oil contains 159 litres.
So the price of jet fuel per litre (at $104.6) is $0.65 which is 42p per litre,
and add on around 10% for refining etc. i.e. around 45 p per litre.
Posted: Monday, January 29th, 2007. Filed in - Needs work (not yet to go onto website).