Cheapest Jet fuel on the Atlantic? $1.15 a gallon

The cost of a gallon of Jet A1 has been rather unstable lately. Over the last couple of years, we’ve produced several versions of our North Atlantic Plotting Chart, and as we’ve done so, the price of Jet A1 has dropped each time across the Atlantic seaboard.

So, where is cheapest? Answer: Keflavik. $1.15 for a gallon of Jet A1 at the best available commercial airline rate. Now, that was six weeks back or so, when we did the research for the chart, and prices have been rising since (tracking the Oil price pretty well).

Next best on the list is Shannon, Ireland – $1.37 USD/USG, thanks to the Shannon Free Zone, which strips out most of the taxes that the EU levies as standard.

Next question, then: most expensive? Narsarsuaq, at $5.65 for a gallon. Why so much more? Primary reason: getting the fuel to BGBW is an awful lot harder than getting it to BIKF. The rest is down to the difference in government tax policy.

Fuel price is of course not the only tech stop or diversion consideration on the North Atlantic, but given that security, safety, and service quality is pretty much equal across the entire NAT region, it’s an important factor – along with the cost of handling.

If you look at the snapshot above, you can see that your G550 will cost around $1685 including Airport Fees; taking a B787 to KEF will run around $4300 all in.

The North Atlantic Plotting Chart has all this information for all the common North Atlantic ETOPS/Diversion Fields – namely: CYYT/St Johns, CYQX/Gander, CYJT/Stephenville, CYYR/Goose Bay, CYFB/Iqaluit, BGSF/Sondrestrom, BGBW/Narsarauq, BIKF/Keflavik, EGPF/Glasgow Intl, EGAA/Belfast, EINN/Shannon, and LPLA/Lajes.
Download NAT Plotting Chart

Cheapest Jet fuel on the Atlantic? $1.15 a gallon