Petrobras Slashes Jet Fuel Prices By Nearly 10%. Will Airlines Benefit From It?

Jet Fuel is commercial airlines’ primary cost, as it accounts for the vast majority of operational expenses for any given flight, a number that becomes even more important the longer the duration of a flight. Therefore, the careful art of buying fuel at the right time has become a crucial piece of airline strategy, one which can at times determine the difference between a successful and a defunct carrier.