High jet fuel prices are impacting airlines across the globe. If oil prices stay where they are, no airlines will be making any money, and quite a few airlines might be looking at going out of business.
We’ve seen some airlines reduce capacity in light of the current situation, since it’s hard to fly profitably. However, we haven’t seen any airlines go quite as far as what we’re seeing in Nigeria, where the country is potentially days from having zero domestic flights… if airlines are to be believed.
The organization claims that jet fuel prices have increased by around 270% since late February 2026. The price of a liter of jet fuel has reportedly increased from around ₦900 ($0.67) to around ₦3,300 ($2.46). Nigeria’s aviation sector consumees around 2.1 million liters of jet fuel per day. Just to do some basic math, there are around four liters per gallon, so airlines in Nigeria are paying close to $10 per gallon of jet fuel. Yowzers.
A great solo travel tip spotted this week on One Mile at a Time.
