Jet fuel is still near record highs, and Europe is the most expensive region.
IATA’s global average was $190.18/bbl for the week ending Oct 9, up 111.2% year on year. Europe and the CIS were the highest at $202.61/bbl, up 122.4%. Expect fuel to keep pushing quotes up on European departures.
Flights between Europe and Asia are getting longer and costlier.
IATA says avoided airspace adds 5–20% to effective distance on key routes and about 2–10% to operating cost. Riyadh airport was reported closed until at least Oct 17, and the FAA is urging caution over Saudi Arabia. Long-range quotes to the Middle East or Asia need room for fuel stops and rerouting.
Charter demand fell for a third week, but Europe is holding up.
WingX counted 12,479 charter departures worldwide in the week of Oct 5–11, down 10.2% on last year, with most of the drop in North America (down 13.7%). European charter was down only 1.7%, and all European bizjet traffic rose 1.8%. The UK (up 11.9%) and Spain (up 3.7%) grew, while Germany (down 5.5%) and France (down 1.1%) fell.
Flying is moving toward fractional ownership.
JETNET’s October report puts global bizjet departures at 4.01 million over the 12 months to September, up 4.2%. Fractional flying grew 9.9%, while corporate flight departments fell 8.6% and branded charter slipped 1.5%.
French business aviation is pushing back on the private jet ticket tax (TSBA).
On Oct 16, EBAA France called for the March 2025 increase to be reversed in the 2027 budget. Since the increase, French operators have lost 11–20% of their flying every quarter, and foreign operators’ share has risen from 86% to 91%. Jets pay €420, €1,015 or €2,100 per passenger depending on destination.
Brokers are in a price war, especially in the Middle East.
At a Corporate Jet Investor Dubai panel, Steffen Fries of Chapman Freeborn warned that people can start selling a USD 100,000 flight without understanding its operating and regulatory requirements. Thorough operator vetting matters more than ever.
The used jet market is cooling, though supply is still tight.
JETNET counts 2,806 pre-owned sales over the past 12 months, up only 1.8% after 16.8% growth in 2025. Only 6.6% of the fleet is for sale. Large-jet asking prices averaged $14.66m, back to 2019 levels.
NBAA-BACE, the year’s biggest US business aviation show, runs Oct 20–22 in Las Vegas.
Textron is debuting the Citation CJ3 Gen2, and Gulfstream and Bombardier are showing aircraft, so expect order and fleet news this week.
This briefing is a market summary compiled from the cited public sources. It is not investment, legal or operational advice; figures are as reported by those sources.
