Jet fuel prices rose again last week.
IATA’s Fuel Price Monitor, based on Platts data, put the global average jet fuel price at $192.44 a barrel, up 1.2% on the week before. In the US, the EIA’s Gulf Coast jet fuel spot price for the week ended Oct 23 was $4.500 a gallon, up from $4.405, and the Argus four-city average was $4.87 a gallon on Oct 23.
A new tool lets flyers benchmark charter quotes.
Private Jet Card Comparisons launched Jet Warrior Trip Pricer on Oct 24. It compares route costs across more than 500 jet card, membership, charter and fractional programs from over 80 providers, including daily minimums, taxi time, taxes, fuel surcharges, peak-day surcharges and repositioning. PJCC says rising prices are the number one reason its members consider switching programs.
EASA keeps its Middle East advisories in force to 16 November.
EASA’s active Conflict Zone Information Bulletins for the airspace of Saudi Arabia, Jordan, the Persian Gulf and Gulf of Oman, Lebanon, Iraq and Iran are all valid until 16 November 2026. The Jordan bulletin was revised on Oct 14 and the Saudi bulletin on Oct 9.
Europe’s private flying taxes keep climbing.
A European Business Magazine weekend analysis notes that France’s solidarity tax charges €420 per passenger on flights within Europe and up to €2,100 on long-haul departures, and that the UK’s higher rate of air passenger duty for private jets rose 50% in April, to £1,141 per passenger on the longest flights. It also cites Brent crude at $114 a barrel.
Washington backs away from its threat against Bombardier.
President Trump said on Oct 19 in Kansas that his administration would “take care of Bombardier”, stepping back from his September threat to block sales of the company’s jets in the US. Bombardier employs about 3,500 people in the US, and AIN reports the company is investing $270 million in its US operations.
NetJets opens its own Las Vegas campus today.
NetJets, developed with Signature Aviation, opens a campus of more than 300,000 square feet at Harry Reid International to passengers on Oct 26, with an owners-only terminal and ramp for about 25 jets. NetJets says its Las Vegas flights rose nearly 45% between 2022 and the end of 2025, and demand in 2026 is running almost 30% higher than a year earlier.
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.
