By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: Aviation Fuel Prices Reach A Staggering Record High
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Have an existing account? Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2024 | All Rights Reserved
Travel Radar - Aviation News > News > Aviation Fuel Prices Reach A Staggering Record High

Aviation Fuel Prices Reach A Staggering Record High

Jasmine Adjallah
Last updated: 16 April 2022 13:42
By Jasmine Adjallah 3 Min Read
Share
An aircraft receiving fuel
SHARE

Aircraft jet fuel on Saturday increased by a marginal 0.2%. This latest increase marks the 8th spike in a row this year and is an all-time high. 

The growing cost of flight 

Aircraft fuel, or aviation turbine fuel (ATF) is a special kind of fuel that allows aircraft to fly. It has been increased to 277.5 per kilolitre, or 0.2%, in the national capital.

ATF makes up approximately 40% of the standard running cost of an airline. 2022 has seen a noticeable increase in that percentage as ATF prices have seen an increase every fortnight since the start of the year.  

Meanwhile, petrol and diesel prices have remained unchanged for the 10th straight day after rising by a record 10p per litre each. 

ATF prices are revised on the 1st and 16th of every month. This increase in ATF prices comes after the highest increase of 18.3% on 16 March. 

India has been hit the hardest so far. ATF rates were increased in India following the rise in energy prices globally. The increase has been a consequence of supply concerns following Russia’s invasion of Ukraine in February, and the subsequent sanctions that followed. Supply concerns were a preexisting issue before the Russian invasion of Ukraine due to increased demand post the COVID-19 pandemic and easing of restrictions. 

India primarily depends on imports, the country is 85% dependent on imports to meet its needs in aviation and elsewhere. 

Elsewhere, several North American carriers have decided to cut capacity on their aircraft in an attempt to mitigate the losses surrounding rising fuel costs. 

Nigerian carrier Air Peace faced a dire predicament in March, announcing that they could only operate aircraft for a couple more days before they ran out of fuel. 

Air Peace aircraft
Air Peace is one of many airlines struggling to keep afloat amid soaring fuel prices. | © Air Peace

This latest increase in aviation fuel reflects the global surge in energy prices across the globe. 

Has your flight been cancelled due to a lack of fuel? Let us know in the comments below.

You Might Also Like

Tomorrow Takes Flight: Emirates aims to end Plastic Pollution

Musicians who love to fly!

How busy is the UK airspace?

What do the statistics say about air crash frequency?

Kenya Airways First to Deploy IATA’s I‑ASC Light for Safety Culture

Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Jasmine Adjallah
By Jasmine Adjallah
Jr Reporter - Aspiring to work in a journalism, PR, Communications/media role, Jasmine is using her gap year as an opportunity to learn, gain experience and grow as a person. Interested in the sports, aviation and broadcasting world. At Travel Radar she is a Jr. Reporter working with the publication over Summer 2022.
Previous Article Masked Airline crew with masked child Biden Administration Extends Contentious Mask Mandate
Next Article Rhodes Airport – Mass Cancellations & Diversions Due to High Crosswinds
Leave a comment
Subscribe
Login
Notify of
guest
guest
0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

Air France KLM group 18 September 2022
Air France-KLM to Acquire Majority Stake in SAS Scandinavian Airlines
Aircraft Airlines Aviation
Students inside Stockton Sixth Form College's Piper Warrier cockpit simulator
Aviation Generation and Stockton Sixth Form College Partner to Offer Aviation Course
Aviation Careers Did You Know
Panoramic view of Dubai's skyline during a beautiful sunset
Freedom, Speed, and Elegance: Exploring Dubai With a Rental
Aviation Travel
Emirates passenger enjoying a chocolate dessert
Emirates Reveals Data for World Chocolate Day
Airlines Aviation Travel
Etihad Airways launches new routes Abu Dhabi-Krakow and Abu Dhabi-Salalah
Etihad Aiways to launch new routes to Krakow, Salalah in Summer of 2026
Airlines Aviation Route Development Travel
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • About Us
  • Contact Us
  • Careers
  • Press & PR
  • Privacy & Legal

Our Content

  • News
  • Data
  • Images
  • Jobs
  • Subscribe

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Click here to Signup!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
AdBlock Detected
Ads help us bring you high-quality, independent journalism for free. Support us by whitelisting us from your ad blocker.
Okay, I'll Whitelist
Welcome to the TR Community!

Sign in to your account

Register Lost your password?