Jet A-1 is the internationally standardised aviation turbine fuel used by commercial airlines outside North America. It is one of the most tightly specified and quality-critical petroleum products — any contamination or off-spec product can ground aircraft, making inspection and chain-of-custody documentation essential in all Jet A-1 transactions.
The jet fuel crack spread — the premium of Jet A-1 over Brent crude — reflects both refinery economics and aviation demand. Crack spreads typically widen in summer (peak travel season) and compress in northern hemisphere winter.
Key Jet A-1 Price Drivers
- Brent crude — primary input cost
- Jet/ULSD crack spread — typically $30–80/MT premium to diesel
- Air travel demand — IATA RPK (Revenue Passenger Kilometres) data
- Seasonal factors — summer travel peak, hurricane season disruptions
- SAF mandates — blending requirements increasing in EU and UK
- Airport stock levels — regional supply disruptions can spike local prices