Looming Jet Fuel Shortages?

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What’s the current situation on Jet fuel pricing? I note fuel at the car bowser has dropped in recent weeks, are airlines also getting some relief now?

It's a complicates situation because it really depends on how much each airline has hedged their fuel costs and for how far out. Virgin is in an excellent position, ironically because of their IPO, something that was thought to be an extra cost is going to be an absolute windfall for them, and expect to see more sales as they will probably aggressively try and take market share using whatever aircraft they can.

Globally, hard to know, many of the M.E. airlines will have local refineries, so they have no shortage, in fact probably a huge surplus since they can't ship it out.

Japan is importing oil from Russia, so theoretically they should be in a good position for all local airlines there.

SEA, not so much.