2021

We were right, but need to apologise...

With the Phuket Sandbox experiment underway our associate Hannah Pearson who follows the market closely has provided an updated in her latest blog.

The jet fuel price ended last week up 3% at $70.0/bbl. As shown in the chart, the Brent crude oil price bottomed out the last week of April 2020 when it reached USD 21/bbl. However, from October 26, 2020 up to today the Brent price has increased by almost 75%, negatively impacting airline margins and profitability.

Reflections from MIDAS Aviation Partners and Associates on the aviation challenges for the new year and what we can be optimistic about.