Updated
Updated · Bloomberg · Jun 18
Menzies Aviation Sees High Jet Fuel Costs Through Summer, With Impact Lasting Into Q2 2027
Updated
Updated · Bloomberg · Jun 18

Menzies Aviation Sees High Jet Fuel Costs Through Summer, With Impact Lasting Into Q2 2027

3 articles · Updated · Bloomberg · Jun 18

Summary

  • Jet fuel costs are likely to stay elevated for several more months, Menzies Aviation said, extending pressure on airlines and airport operators through the peak summer travel season.
  • The forecast is tied to fallout from the Iran war, which Menzies Chief Executive Philipp Joeinig said is keeping the aviation industry on alert over fuel and broader operating costs.
  • Joeinig said concern will intensify after summer, when the industry moves into the less-profitable winter period while also facing rising inflation.
  • The cost strain could persist well beyond this year, with Menzies warning the effects may still be felt into the second quarter of 2027.

Insights

With a Mideast peace deal signed, why does a top CEO still predict months of high fuel costs?
Beyond fuel, how will the Iran war's fallout permanently increase the cost of food and electronics?
The world’s biggest oil chokepoint is reopening. Is the threat of a global recession finally over?