Jet fuel prices rose again last week.
IATA’s latest Fuel Price Monitor, based on Platts data, puts the global average jet fuel price at $196.70 a barrel, up 2.2% on the week before. The previous release had it at $192.44.
McKinsey says private aviation is running short of spare capacity.
In its first report on the market, McKinsey finds the average business aircraft flies about 19% more each year than before Covid. Fractional aircraft grew from 990 in 2019 to 1,510 in 2025, and their share of flight hours rose from 14% to 20%, with NetJets and Flexjet flying 92% of them. The firm says the defining question is now who can secure crews, hangars, maintenance and delivery slots.
Some used jets now sell for more than new ones.
Citing The Times, Seoul Economic Daily reports that buyers facing three to four year waits for new aircraft are paying premiums for nearly new used jets that can be delivered at once, and that some owners resell new jets right after delivery.
The wider pre-owned market is cooling, but supply stays thin.
JETNET iQ’s October barometer counts 2,806 pre-owned transactions over the past 12 months, up just 1.8%, after 16.8% growth in 2025. Inventory is down to 6.6% of the fleet, against 9–12% in the previous decade. Large-jet asking prices averaged $14.66 million, roughly back to 2019 levels, and aircraft up to five years old sell in about 48 days.
Voluxis adds a Maltese AOC for European charter.
Private aviation group Voluxis has received an air operator certificate from Transport Malta, its third after the UK and San Marino and its first under EASA rules. CEO Warren Gravell says it allows free movement around Europe to maximise charter use.
Scotland confirms a private jet tax from April 2028.
The Scottish Government says the rate will be set in the 3 December budget. Oxfam Scotland is calling for a levy at least ten times the current higher rate of air passenger duty, and counts 7,237 private jet flights in Scotland between January and September 2026.
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.
