Mercedes Mullins
Jet A1 is a widely used aviation fuel, also known as kerosene. Its price is closely aligned with the price of oil, which varies daily. As of January 2022, the price of Jet A1 was approximately $816 per metric tonne, or $0.82 per kg. This price is around double what it was a year before in January 2021, where the price of Jet A1 was approximately $430 per metric tonne. The price of jet fuel is dependent on various factors, such as demand and production. For example, the national average price for jet fuel in the US is $6.29 per gallon, while the FAA Alaska region reports a higher average of $8.11. Additionally, the cost of fuel for a flight from London to New York operated by a B747 Jumbo Jet is approximately £53,500, working out to £118 per person for 450 passengers.
| Characteristics | Values |
|---|---|
| Price as of January 2022 | $816 per metric tonne |
| Price in May 2020 | $200 per metric tonne |
| Price in January 2021 | $430 per metric tonne |
| Price per gallon | $6.29 |
| Cost of fuel for a B747 Jumbo Jet from London to New York | £53,500 |
| Cost of fuel for an A380 | £205,000 |
| Other names | Aviation Kerosine, TS-1, JP-54, DEF STAN 91-091 Turbine Fuel, Kerosene Type, NATO Code: F-35, Jet A1 yakıtı |
| Advantages | Maximum energy with minimum fuel load, high heat output, increases flight autonomy, resistant to cold, thermal and storage stability |
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What You'll Learn
Jet A1 fuel price fluctuations
Jet A1 fuel is a widely used aviation fuel, otherwise known as kerosene. Its high value to professionals in the aviation industry is due to its ability to enable aircraft to derive maximum energy from a minimum fuel load. Its high heat output increases flight autonomy, and its exceptional resistance to cold means it will not crystallize, even at the highest altitudes.
The price of Jet A1 fuel is closely aligned with the price of oil, which varies daily. As such, the price of Jet A1 fuel fluctuates regularly. For example, in May 2020, the price of Jet A1 was down 69% compared to the previous 12 months. By January 2022, the price of Jet A1 had risen to approximately $816 per metric tonne, or $0.82 per KG. This was around double the price from a year prior (January 2021), where the price of Jet A1 was approximately $430 per metric tonne, or about $0.43 per KG.
The price of Jet A1 fuel can also vary by region, depending on demand. Platts Jet Fuel Price Index, published by S&P Global Platts, provides daily assessments of jet fuel spot prices in the physical spot markets of relevant regional centers. When a market is not assessed on a particular day, the previous working day's spot market price assessment is used. Each of the individual Platts' assessments is given a weighting in the regional baskets, primarily based on regional demand. These values are compared with the average spot prices in 2000 to generate a percentage figure reflecting the overall rise in markets compared to the base period. For example, an index value of 200 reflects a doubling of price since the year 2000.
The prices that airlines pay for their fuel can also vary substantially depending on what price they have "hedged" the fuel at. Hedging involves agreeing on a constant price for fuel for a set period, which helps to reduce risk and fixed costs, which are important for financial planning. For instance, an airline might agree to purchase a fixed amount of fuel, say 5 million metric tonnes, at $600 per metric tonne for 12 months. In this case, the airline will pay $600 per metric tonne regardless of any fluctuation in the fuel price during this time. If the fuel price goes up, the airline is protected from this rise, but if there is a drop in fuel price, the airline will be paying more than necessary for fuel.
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Jet A1 vs other fuels
The price of jet fuel is influenced by global market factors and varies depending on the region and local supply logistics. The Platts Jet Fuel Price Index reflects daily assessments of jet fuel spot prices in relevant regional centers. The global average jet fuel price was US$92.76 per barrel in Q1 2024, which translates to approximately US$2.21 per gallon. In the US, jet fuel cost US$88.3 per barrel during the same period, or about $2.10 per gallon.
Jet A1 is a widely used aviation fuel, often referred to as kerosene. It is valued for enabling aircraft to achieve maximum energy with minimum fuel load. Its high heat output increases flight autonomy, and it is resistant to crystallization at high altitudes. Jet A1 also has thermal and storage stability, reducing the risk of deterioration. It has a freezing point of -47°C (-52.6°F) and is safer to transport due to its higher flashpoint. Jet A1 is the most common jet fuel, although Jet A is also commonly used in the US, with a slightly higher freezing point of -40°C (-40°F). These fuels differ primarily in their freezing points and can be used interchangeably.
Other jet fuels include Jet B, which is used for its enhanced cold-weather performance due to its extremely low freezing point of -60°C (-76°F). However, its lighter composition makes it more dangerous to handle, so it is rarely used except in very cold climates. TS-1 is a common fuel in Russia, also modified for low freezing points (-50°C). JP-8 is a military-grade jet fuel used in aircraft without fuel heaters, containing additional anti-corrosion additives.
Avgas, or aviation gas, is used in traditional piston-engine propeller aircraft, typically smaller aircraft like those used in flight schools or for sports. It contains tetraethyl lead to enhance engine performance and has a freezing point of -58°C (-72°F). Avgas is more expensive than Jet A1 due to its complex production process, which involves additional reforming and alkylation processes.
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Jet A1 fuel prices by region
The price of Jet A-1 fuel varies by region and is influenced by factors such as demand and supply dynamics, regional market conditions, and local taxes or regulations. As of late July 2025, the national average price for jet fuel in the United States was $6.29 per gallon, with prices varying across different FAA regions. The FAA Alaska region reported the highest jet fuel price at $8.11 per gallon, while the FAA Central region had the lowest price at $5.61 per gallon.
According to the Jet Fuel Price Monitor by S&P Global Platts, the global average jet fuel price can be reflected through their Platts Jet Fuel Price Index. This index provides daily assessments of jet fuel spot prices in relevant regional markets. As of the week ending on June 3, 2025, the global average jet fuel price was $92.92 per barrel, showing a slight decrease from the previous week.
In terms of specific regions, Jet A-1 fuel prices can vary based on various factors, including local production and supply dynamics. For example, in 2020 before the pandemic, Russia produced a significant amount of aviation kerosene, which may impact pricing in that region. Additionally, Jet A-1 fuel is available in specific locations like Rotterdam and Houston, which could influence pricing in those areas.
It's important to note that jet fuel prices are dynamic and can change rapidly due to various economic and market factors. The prices mentioned in this article may not reflect the most current rates, and interested parties should consult specialized sources or jet fuel price monitoring services for up-to-date information.
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Jet A1 fuel prices by date
Jet A1 is a widely used aviation fuel, otherwise known as kerosene. Its high value to professionals stems from its ability to enable aircraft to achieve maximum energy with a minimum fuel load. Its exceptional thermal output increases flight autonomy and its resistance to cold means it will not crystallize, even at the highest altitudes.
The price of Jet A1 fuel is not fixed and can vary by date and region. The Platts Jet Fuel Price Index, published by S&P Global Platts, provides daily assessments of jet fuel spot prices in the physical spot markets of relevant regional centers. When a market is not assessed on a particular day, the previous working day's spot market price assessment is used. Each of the individual Platts' assessments is given a weighting by Platts in the regional baskets, primarily based on regional demand. These values are compared with the average spot prices in 2000 to generate a percentage figure reflecting the overall price rise compared to the base period. For example, an index value of 200 would indicate that prices have doubled since the year 2000.
As of the latest data from the Jet Fuel Price Monitor, the global average jet fuel price was $92.92/bbl, reflecting a 0.3% decrease from the previous week.
While I cannot provide a historical price analysis, I can offer a forecast for Jet A1 fuel in the United States. According to jet-a1-fuel.com, the price of Jet A1 fuel in the United States is predicted to be 88.3 bbl/$ on July 22, 2025.
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Jet A1 fuel cost per aircraft
Jet A1 is a widely used aviation fuel, otherwise known as kerosene. It is valued by professionals because it enables aircraft to achieve maximum energy with a minimum fuel load. Its excellent heat output increases flight autonomy, and it is highly resistant to cold temperatures, reducing the risk of fuel deterioration.
The price of Jet A1 fuel varies over time and is closely aligned with the fluctuating price of oil. For example, in May 2020, the price of Jet A1 was $200 per metric tonne, or $0.20 per kg, whereas, in January 2022, the price had risen to approximately $816 per metric tonne, or $0.82 per kg. The price can also vary by region, with the Platts Jet Fuel Price Index providing daily assessments of jet fuel spot prices in the physical spot markets of relevant regional centers. The global average jet fuel price for one week in 2023 was $92.92 per bbl, although historical price data is not available.
The cost of Jet A1 fuel per aircraft depends on several factors, including the type of aircraft, the distance travelled, and the amount of fuel used. For example, a B747 Jumbo Jet flying from London to New York would require approximately £53,500 (€64,300) worth of fuel, which equates to £118 (€141 / $158) per person, based on 450 passengers. Airlines can reduce financial risk by hedging, which involves agreeing on a constant price for fuel for a set period, protecting them from price increases but also sometimes resulting in them paying more if prices drop.
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Frequently asked questions
The national average price for jet fuel is $6.29 per gallon.
As of January 2022, the price of Jet A1 was approximately $816 per metric tonne.
An A380 can hold approximately 315,000 litres of fuel. It would cost approximately £205,000 to fill an A380 with Jet A1 fuel.
The cost of the fuel required for a flight from London to New York on a B747 Jumbo Jet is approximately £53,500.
