Jet fuel Archives - Aviation metric

NAAPE Warns of Imminent Safety Risks, Job Losses Amid Jet Fuel Crisis

Posted on May 10, 2026May 10, 2026 by Wole Shadare

The National Association of Aircraft Pilots and Engineers (NAAPE) has raised a red flag over the escalating Jet A1 crisis in Nigeria, which has reached a boiling point. The association’s stance highlights a dangerous intersection between economic instability and physical flight safety. NAAPE is alarmed by early indicators that some operators are already restructuring their operations in response to this crisis. The recent announcement by Rano Air of a reduction in operational routes, it said,…

Ibom Air to cut capacity over soaring jet fuel

Posted on April 27, 2026 by Wole Shadare

Carrier spends N7.6 million on fuel per flight from N2.1million Citing soaring jet fuel prices in Nigeria, Ibom Air on Monday said it may be forced to reduce flight capacity to continue providing services to its customers. The airline’s statement, signed by Aniekan Essienette, Group Manager, Marketing and Communication, said the fuel price situation is an unprecedented crisis for Nigeria’s domestic airlines, adding that at Ibom Air, the cost of fueling its aircraft has more…

Jet fuel projected to sell between N1,760, N2,037 as FG intervenes

Posted on April 27, 2026April 27, 2026 by Wole Shadare

Following the high-level technical committee meetings, the federal government has officially established a new indicative price framework for Jet A1 fuel. With projections that aviation fuel prices could range between N1,760 and N2,037 per litre, This came following high-level engagements aimed at addressing persistent supply and pricing challenges in the sector. This directive, issued through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), aims to curb the extreme price volatility that saw costs hit…

Stakeholders Warn of Systemic Collapse Over High Cost of Jet Fuel

Posted on April 27, 2026 by Wole Shadare

The Aviation Safety Round Table Initiative (ART) has joined the urgent call for government intervention, addressing a letter to President Bola Ahmed Tinubu and the Minister of Aviation, Festus Keyamo, regarding the skyrocketing cost of Jet A1 fuel. This follows a dramatic surge in prices, which reportedly jumped from N900 per litre in late February to as high as N3,300 per litre by mid-April 2026—a 300% increase in just two months. The group, in a…

Galloping jet fuel: SADC airlines to implement cost recovery, surcharges

Posted on April 27, 2026 by Wole Shadare

The Airlines Association of Southern Africa (AASA) has noted with grave concern the lack of clarity around the availability of jet fuel across the Southern Africa Development Community (SADC) region, beyond next month. Air transport, a crucial pillar of SADC members’ economies, is particularly susceptible to disruptions in fuel supplies because it depends almost entirely on imported crude oil and refined Jet-A1 kerosene. Chief Executive Officer of AASA, Aaron Munetsi, in a statement, said…

Major oil marketers counter airline operators’₦3,300 claim, cites cheaper jet fuel options

Posted on April 16, 2026 by Wole Shadare

Ditch spot pricing to survive volatile Jet A1, says MEMAN The dispute between the Airline Operators of Nigeria (AON) and the Major Energies Marketers Association of Nigeria (MEMAN) has reached a boiling point, with both sides presenting vastly different accounts of current pricing and market realities. In a letter dated April 14, AON President Abdulmunaf Sarina warned that the price of Jet A1 (aviation fuel) had spiked from ₦900 per litre in February to ₦3,300…

Airlines cite 300% local manipulation for jet fuel hike, plan shutdown

Posted on April 15, 2026April 15, 2026 by Wole Shadare

Say surge in price not sustainable, wants FG’s intervention The Airline Operators of Nigeria (AON) have issued a formal notice to suspend flight operations nationwide starting Monday, April 20, 2026, citing the unsustainable surge in the price of Jet A1 (aviation fuel). They described the April 20 shutdown as a final plea for government intervention to prevail on marketers and stabilise pricing. At least one airline has already been forced to suspend all operations…

How COVID, rising jet fuel cost, economic meltdown tested African carriers’ resilience-AFRAA

Posted on December 2, 2024 by Wole Shadare

Chairman of EgyptAir Holding Company and 2024 President of AFRAA, Yehia Zakaria said at the moment, Africa’s aviation industry finds itself at a crossroads, adding that the challenges the sector in Africa faced in recent years—whether due to global economic shifts, the impact of the pandemic, or rising fuel costs—have tested the operators’ resilience. He disclosed that these challenges also gave them unique opportunities to innovate, collaborate and grow. In a 56th Africa Airlines Association…

Jet Fuel: New prices may spike cost

Posted on January 8, 2024 by Wole Shadare

Airlines, others cry out Air travel may further be impacted following the decision of oil marketers to hike jet fuel prices which took effect from January 1, 2024. Already air fares have risen astronomically by over 150 percent in the last few weeks owing to the situation; a situation that has caused so much pain to air travelers across the country. Although, jet fuel prices remained stable for nearly a year, at between N880…

African airlines worry over rising jet fuel prices, high fares

Posted on November 29, 2023November 29, 2023 by Wole Shadare

The African Airlines Association (AFRAA), the umbrella body representing many of the continent’s airlines jet fuel prices are rising, reaching $123.46 as of the end of October 2023. This trend of high fuel costs according to the body impacts fares and hinders air transport affordability for African citizens. AFRAA stated this at its Annual General Meeting (AGM) in Kampala, Uganda at the weekend. Mr. Abdérahmane Berthé, AFRAA Secretary General, expressed the commitment and determination of AFRAA…