Airfare, Inflation and Aviation Recovery

The trend of the FOB spot fuel prices on the Mundi Index continues to move up, relative to the position at the beginning of the year, especially after the Russian-Ukrainian war.

As the commercial aviation sector is trying to recover from a crisis after being battered by the pandemic, another problem arose, namely soaring energy prices, including aviation fuel (AVTUR).

The increase in AVTUR prices of up to 72 percent last July compared to the position in early January has become a nightmare for the aviation industry. The aviation industry has received double blows.