AVGAS Price
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IATA
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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 weekly index and price data shows the global average price paid at the refinery for aviation jet fuel.
This week's price of aviation jet fuel:
Sourced from Platts * 100 in 2000 (87 cts/gal)
Impact on this year's fuel bill of the global airline industry:
Estimated by IATA IATA Methodology
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Disclaimer
AVGAS has declined over 46%/Barrel in price from prices 12 months ago
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 weekly index and price data shows the global average price paid at the refinery for aviation jet fuel.
This week's price of aviation jet fuel:
Percentage change vs.
19-Dec-08
Index*
$/b
cts/gal
$/mt
1 week ago
1 month ago
1 year ago
Jet Fuel Price
163.2
59.7
142.1
470.4
0.3%
-20.3%
-45.9%
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 2008
Impact on 2008 fuel bill
$128.0/b
+$69 billion
Estimated by IATA IATA Methodology
All IATA About Us Areas of Activity Customer Service Events IATA by Region Membership Pressroom Products & Services Training Work Groups
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Contact IATA Economics Terminology
- $/b : US dollars per barrel
- cts/gal : US cents per gallon
- $/mt : US dollars per metric ton
Disclaimer
AVGAS has declined over 46%/Barrel in price from prices 12 months ago
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Bugsmasherdriverandjediknite
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I cant believe I was whinging about $1.20.
If you take the Non returnable drum deposit into account here, its well and truly double that old price and a bit on top.
I have a receipt here for fuel when I first set up shop here ten years ago. .52c per liter. Glad I switched to JetA1.
If you take the Non returnable drum deposit into account here, its well and truly double that old price and a bit on top.
I have a receipt here for fuel when I first set up shop here ten years ago. .52c per liter. Glad I switched to JetA1.
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If it makes you Aussies feel better, price of avgas here in Manila, Philippines ..when converted to aus dollar is 3.06 per liter! There should be a Business opportunity here somewhere..any ideas?
Bugsmasherdriverandjediknite
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I paid AUD$3.00 a liter in Cebu four years ago. Was the cheapest part of Cebu.
I was parked on the INTL side of the airport as directed and it was costing me USD$200 per half hour and they collected every half an hour. young lass on the back of a scooter with a receipt book appeared every half an hour.
Then there was all the hundreds of other gov departments with their hand in my pocket. Fuel was the cheapest part of Cebu.
I was parked on the INTL side of the airport as directed and it was costing me USD$200 per half hour and they collected every half an hour. young lass on the back of a scooter with a receipt book appeared every half an hour.
Then there was all the hundreds of other gov departments with their hand in my pocket. Fuel was the cheapest part of Cebu.
Bugsmasherdriverandjediknite
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Bottom of the Philippines. I forgot to mention that the parking charges are factored on weight. the first weight category starts at >55000kg. so even though I was in a lighty, I was paying for a 737.
I do rember being charged US$350 for a 44G drum of avgas in Indonesia around the same time. 30% of the fuel was water. Pretty expensive fuel over there then. I would hate to have to buy over there now.
I do rember being charged US$350 for a 44G drum of avgas in Indonesia around the same time. 30% of the fuel was water. Pretty expensive fuel over there then. I would hate to have to buy over there now.
