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The global average jet fuel price for week ended 18 September 2026 rose 7.4% compared to the week before to $194.90/bbl. QR3 will be bad due to high jet fuel prices and capacity cuts.
At current jet fuel prices range, it is no longer advisable to hedge ( >$180/bbl) now. Either pass out as fuel surcharges or cut capacity further, if demand drops to see out this high jet fuel prices (ie. >$150/bbl) period.