Jet fuel prices in the aviation industry were at an all-time low during 2020; the lowest value recorded was in the week of May 1, 2020 at 0.46 U.S. dollars per gallon. Now that air passenger demand is improving, the rise in jet fuel prices is putting pressure on the airline industry that is trying to return to profitability.
Average weekly jet fuel price from October 2016 to March 2022
(in U.S. dollars per gallon)
Characteristic
Fuel price in U.S. dollars per gallon
Oct 14, 2016
1.47
Oct 21, 2016
1.46
Oct 28, 2016
1.45
Nov 4, 2016
1.37
Nov 11, 2016
1.32
Nov 18, 2016
1.32
Nov 25, 2016
1.4
Dec 2, 2016
1.43
Dec 9, 2016
1.44
Dec 16, 2016
1.49
Dec 23, 2016
1.5
Dec 30, 2016
1.54
Jan 6, 2017
1.54
Jan 13, 2017
1.51
Jan 20, 2017
1.51
Jan 27, 2017
1.51
Feb 3, 2017
1.52
Feb 10, 2017
1.53
Feb 17, 2017
1.55
Feb 24, 2017
1.57
Mar 3, 2017
1.53
Mar 10, 2017
1.49
Mar 17, 2017
1.4
Mar 24, 2017
1.41
Mar 31, 2017
1.45
Apr 7, 2017
1.51
Apr 14, 2017
1.57
Apr 21, 2017
1.51
Apr 28, 2017
1.45
May 5, 2017
1.36
May 12, 2017
1.37
May 19, 2017
1.43
May 26, 2017
1.48
Jun 2, 2017
1.4
Jun 9, 2017
1.3
Jun 16, 2017
1.29
Jun 23, 2017
1.26
Jun 30, 2017
1.31
Jul 7, 2017
1.35
Jul 14, 2017
1.36
Jul 21, 2017
1.43
Jul 28, 2017
1.5
Aug 4, 2017
1.55
Aug 11, 2017
1.54
Aug 18, 2017
1.5
Aug 25, 2017
1.55
Sep 1, 2017
1.76
Sep 8, 2017
1.95
Sep 15, 2017
1.77
Sep 22, 2017
1.72
Sep 29, 2017
1.71
Oct 6, 2017
1.65
Oct 13, 2017
1.64
Oct 20, 2017
1.65
Oct 27, 2017
1.68
Nov 3, 2017
1.71
Nov 10, 2017
1.78
Nov 17, 2017
1.74
Nov 24, 2017
1.78
Dec 1, 2017
1.78
Dec 8, 2017
1.77
Dec 15, 2017
1.8
Dec 22, 2017
1.82
Dec 29, 2017
1.89
Jan 5, 2018
1.92
Jan 12, 2018
1.95
Jan 19, 2018
1.93
Jan 26, 2018
2
Feb 2, 2018
1.97
Feb 9, 2018
1.84
Feb 16, 2018
1.78
Feb 23, 2018
1.85
Mar 2, 2018
1.86
Mar 9, 2018
1.81
Mar 16, 2018
1.8
Mar 23, 2018
1.89
Mar 30, 2018
1.95
Apr 6, 2018
1.92
Apr 13, 2018
2.02
Apr 20, 2018
2.04
Apr 27, 2018
2.07
May 4, 2018
2.08
May 11, 2018
2.15
May 18, 2018
2.2
May 25, 2018
2.19
Jun 1, 2018
2.14
Jun 8, 2018
2.11
Jun 15, 2018
2.1
Jun 22, 2018
2.05
Jun 29, 2018
2.1
Jul 6, 2018
2.11
Jul 13, 2018
2.12
Jul 20, 2018
2.04
Jul 27, 2018
2.11
Aug 3, 2018
2.1
Aug 10, 2018
2.1
Aug 17, 2018
2.08
Aug 24, 2018
2.12
Aug 31, 2018
2.19
Sep 7, 2018
2.18
Sep 14, 2018
2.19
Sep 21, 2018
2.15
Sep 28, 2018
2.24
Oct 5, 2018
2.32
Oct 12, 2018
2.29
Oct 19, 2018
2.23
Oct 26, 2018
2.2
Nov 2, 2018
2.14
Nov 9, 2018
2.1
Nov 16, 2018
1.97
Nov 23, 2018
1.89
Nov 30, 2018
1.76
Dec 7, 2018
1.79
Dec 14, 2018
1.75
Dec 21, 2018
1.67
Dec 28, 2018
1.61
Jan 4, 2019
1.62
Jan 11, 2019
1.79
Jan 18, 2019
1.81
Jan 25, 2019
1.82
Feb 1, 2019
1.84
Feb 8, 2019
1.86
Feb 15, 2019
1.9
Feb 22, 2019
1.98
Mar 1, 2019
1.93
Mar 8, 2019
1.91
Mar 15, 2019
1.89
Mar 22, 2019
1.9
Mar 29, 2019
1.9
Apr 5, 2019
1.94
Apr 12, 2019
1.98
Apr 19, 2019
1.98
Apr 26, 2019
2.01
May 3, 2019
1.98
May 10, 2019
1.98
May 17, 2019
2.02
May 24, 2019
1.98
May 31, 2019
1.9
Jun 7, 2019
1.77
Jun 14, 2019
1.78
Jun 21, 2019
1.82
Jun 28, 2019
1.9
Jul 5, 2019
1.88
Jul 12, 2019
1.95
Jul 19, 2019
1.9
Jul 26, 2019
1.9
Aug 2, 2019
1.91
Aug 9, 2019
1.77
Aug 16, 2019
1.79
Aug 23, 2019
1.81
Aug 30, 2019
1.81
Sep 6, 2019
1.82
Sep 13, 2019
1.83
Sep 20, 2019
1.94
Sep 27, 2019
1.91
Oct 4, 2019
1.84
Oct 11, 2019
1.86
Oct 18, 2019
1.86
Oct 25, 2019
1.9
Nov 1, 2019
1.85
Nov 8, 2019
1.84
Nov 15, 2019
1.82
Nov 22, 2019
1.79
Nov 29, 2019
1.85
Dec 6, 2019
1.82
Dec 13, 2019
1.84
Dec 20, 2019
1.92
Dec 27, 2019
1.97
Jan 3, 2020
1.95
Jan 10, 2020
1.9
Jan 17, 2020
1.8
Jan 24, 2020
1.7
Jan 31, 2020
1.59
Feb 7, 2020
1.5
Feb 14, 2020
1.54
Feb 21, 2020
1.58
Feb 28, 2020
1.43
Mar 6, 2020
1.39
Mar 13, 2020
1.03
Mar 20, 2020
0.78
Mar 27, 2020
0.71
Apr 3, 2020
0.72
Apr 10, 2020
0.73
Apr 17, 2020
0.66
Apr 24, 2020
0.5
May 1, 2020
0.46
May 8, 2020
0.54
May 15, 2020
0.65
May 22, 2020
0.81
May 29, 2020
0.81
Jun 5, 2020
0.9
Jun 12, 2020
0.96
Jun 19, 2020
1.04
Jun 26, 2020
1.02
Jul 3, 2020
1.02
Jul 10, 2020
1.07
Jul 17, 2020
1.07
Jul 24, 2020
1.11
Jul 31, 2020
1.1
Aug 7, 2020
1.11
Aug 14, 2020
1.11
Aug 21, 2020
1.1
Aug 28, 2020
1.13
Sep 4, 2020
1.07
Sep 11, 2020
0.98
Sep 18, 2020
1.01
Sep 25, 2020
0.97
Oct 2, 2020
1
Oct 9, 2020
1.07
Oct 16, 2020
1.08
Oct 23, 2020
1.06
Oct 30, 2020
1.01
Nov 6, 2020
1.05
Nov 13, 2020
1.13
Nov 20, 2020
1.14
Nov 27, 2020
1.23
Dec 4, 2020
1.26
Dec 11, 2020
1.3
Dec 18, 2020
1.36
Dec 25, 2020
1.35
Jan 1, 2021
1.35
Jan 8, 2021
1.37
Jan 15, 2021
1.45
Jan 22, 2021
1.44
Jan 29, 2021
1.43
Feb 5, 2021
1.5
Feb 12, 2021
1.57
Feb 19, 2021
1.63
Feb 26, 2021
1.71
Mar 5, 2021
1.69
Mar 12, 2021
1.73
Mar 13, 2021
1.67
Mar 26, 2021
1.6
Apr 2, 2021
1.6
Apr 9, 2021
1.64
Apr 16, 2021
1.67
Apr 23, 2021
1.67
Apr 30, 2021
1.7
May 7, 2021
1.75
May 14, 2021
1.77
May 21, 2021
1.73
May 28, 2021
1.76
Jun 4, 2021
1.82
Jun 11, 2021
1.83
Jun 18, 2021
1.85
Jun 21, 2021
1.91
Jul 2, 2021
1.9
Jul 9, 2021
1.87
Jul 16, 2021
1.9
Jul 23, 2021
1.84
Jul 30, 2021
1.92
Aug 6, 2021
1.83
Aug 13, 2021
1.82
Aug 20, 2021
1.74
Aug 27, 2021
1.84
Sep 3, 2021
1.93
Sep 10, 2021
1.91
Sep 17, 2021
2
Sep 24, 2021
2.02
Oct 1, 2021
2.14
Oct 8, 2021
2.26
Oct 15, 2021
2.33
Oct 22, 2021
2.32
Oct 29, 2021
2.3
Nov 5, 2021
2.26
Nov 12, 2021
2.26
Nov 19, 2021
2.18
Nov 26, 2021
2.17
Dec 3, 2021
1.92
Dec 10, 2021
2.1
Dec 17, 2021
2.09
Dec 24, 2021
2.11
Dec 31, 2021
2.2
Jan 7, 2022
2.27
Jan 14, 2022
2.43
Jan 21, 2022
2.53
Jan 28, 2022
2.55
Feb 4, 2022
2.62
Feb 11, 2022
2.72
Feb 18, 2022
2.65
Feb 25, 2022
2.68
Mar 4, 2022
3.24
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Flightglobal. (March 16, 2022). Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal. "Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) ." Chart. March 16, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal. (2022). Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) . Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal. "Average Weekly Jet Fuel Price from October 2016 to March 2022 (in U.S. Dollars per Gallon) ." Statista, Statista Inc., 16 Mar 2022, https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/
Flightglobal, Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) Statista, https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/ (last visited August 25, 2024)
Average weekly jet fuel price from October 2016 to March 2022 (in U.S. dollars per gallon) [Graph], Flightglobal, March 16, 2022. [Online]. Available: https://www.statista.com/statistics/526660/aviation-fuel-cost-comparison-across-regions/