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Global Flight Data Stable, Jet Fuel Price Starting to Creep into Industry Discussions

Minneapolis, MN | November 14, 2023 | By: Steve Sinos, Blue Lacy Advisors, LLC

Jet fuel prices are becoming a recognized concern in the industry despite stable activity.

Things Three

  1. Flight data is steady globally, though showing typical seasonal softness in Europe and Asia.

  2. Cargo loads in Asia showed their first signs of stabilization, though referencing very low benchmarks.

  3. Price volatility is apparent and increasingly discussed by airline leadership and industry spokesmen.

Flight Radar data shows global commercial flights steady in recent weeks, above 120k daily flights on average. While off the seasonal peak, the pace has consistently been stronger than in 2019. The real test is still to come, especially considering the ongoing volatility in Europe and raised risk awareness in the Middle East. Furthermore, airlines and industry spokesmen are keenly aware of rising costs, with specific references to stress caused by jet fuel prices. For now, it looks like the end of the year will show typical seasonal swings in demand, including cargo demand and associated seasonal pressures on diesel prices (and, by extension, jet fuel).

*This summary is based off November 5, 2023

A free excerpt, such as this one, will be published on a delay periodically. This is an excerpt from Blue Lacy Advisors, LLC's (“Blue Lacy”) weekly commentary for clients, which is based on a collection of models, research/analytical subscriptions, and bespoke work. Each week Blue Lacy explores how market drivers included in these analyses might affect or be used in clients' planning, budgeting, and execution of strategy. Call Blue Lacy to make an appointment today!


Meet the Author!

Phone: +1-832-413-3124

Steve has spent his career in strategy, risk, trading, and investment. He works with investors to source investments in opportunistic or high growth sectors, with particular interest in early-stage companies solving clearly defined problems.

He is currently a Managing Partner with Blue Lacy Advisors LLC, giving management teams and investors confidence in their decision making by supporting strategic planning and execution, risk management, commodity trading, and market analysis.

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