Magellan Jets COVID-19 Updates And Procedures

Magellan Jets Fuel Price Monitor

Magellan Jets Fuel Monitor

Magellan Jets Fuel Adjustment Program

Due to the war in Ukraine, Magellan Jets has instituted an hourly based fuel adjustment program. Based on the public information on S&P Global’s website, Magellan Jets will alter the price of hourly rates of trips based on aircraft category (the rate increase can be found in the table below). The fuel adjustment rate can be moved, up or down, on a weekly basis in conjunction with the publicly posted jet fuel prices from S&P Global/Platts and single FBO source location rates. The applied fuel adjustment rate which will be billed will be that of the posted rate of the Monday prior to the day of departure. At the time of booking clients will receive an estimate of their trip. The exercised fuel adjustment rate will be delivered to members in their final itinerary. 

Current Jet Fuel Price
as of 5.20.2022

Posted DatePosted Fuel PriceSource
5.20.2022348.88 cents per gallonS&P Global
Aircraft Category Period Hourly Rate Adjustment
Light 5.23.22 – 5.30.22 $460.00
Mid 5.23.22 – 5.30.22 $610.00
Super Mid 5.23.22 – 5.30.22 $755.00
Heavy 5.23.22 – 5.30.22 $1,030.00

The above jet fuel prices are the North America average jet fuel price as averaged and dictated by S&P Global and have been taken directly from S&P Global’s Commodity Insights page where the price is updated every Friday on a weekly basis. The Magellan Jets Fuel Adjustment period spans from Monday morning at 9:00 a.m. eastern to the next Monday at 8:59 a.m. eastern.

Posted DatePosted Fuel PriceSource
5.13.2022396.19 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light5.16.22 – 5.23.22$555.00
Mid5.16.22 – 5.23.22$670.00
Super Mid5.16.22 – 5.23.22$910.00
Heavy5.16.22 – 5.23.22$1,245.00
Posted DatePosted Fuel PriceSource
5.6.2022419.74 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light5.9.22 – 5.16.22$610.00
Mid5.9.22 – 5.16.22$805.00
Super Mid5.9.22 – 5.16.22$1,000.00
Heavy5.9.22 – 5.16.22$1,360.00
Posted DatePosted Fuel PriceSource
4.29.2022415.00 cents per gallonS&P Global
Aircraft Category Period Hourly Rate Adjustment
Light 5.2.22 – 5.9.22 $600.00
Mid 5.2.22 – 5.9.22 $795.00
Super Mid 5.2.22 – 5.9.22 $985.00
Heavy 5.2.22 – 5.9.22 $1,340.00
Posted DatePosted Fuel PriceSource
4.22.2022363.80 cents per gallonS&P Global
Aircraft Category Period Hourly Rate Adjustment
Light 4.25.22 – 5.2.22  $490.00
Mid 4.25.22 – 5.2.22  $650.00
Super Mid 4.25.22 – 5.2.22  $800.00
Heavy 4.25.22 – 5.2.22  $1,095.00
Posted DatePosted Fuel PriceSource
4.15.2022381.89 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light4.18.22 – 4.25.22$530.00
Mid4.18.22 – 4.25.22$700.00
Super Mid4.18.22 – 4.25.22$840.00
Heavy4.18.22 – 4.25.22$1,180.00
Posted DatePosted Fuel PriceSource
4.8.2022363.99 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light4.11.22 – 4.18.22$490.00
Mid4.11.22 – 4.18.22$650.00
Super Mid4.11.22 – 4.18.22$780.00
Heavy4.11.22 – 4.18.22$1,095.00
Posted DatePosted Fuel PriceSource
4.1.2022376.13 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light4.4.22 – 4.11.22$515.00
Mid4.4.22 – 4.11.22$685.00
Super Mid4.4.22 – 4.11.22$850.00
Heavy4.4.22 – 4.11.22$1,155.00
Posted DatePosted Fuel PriceSource
3.25.2022384.83 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light3.28.22 – 4.4.22 $535.00
Mid3.28.22 – 4.4.22 $705.00
Super Mid3.28.22 – 4.4.22  $875.00
Heavy3.28.22 – 4.4.22 $1,195.00
Posted DatePosted Fuel PriceSource
3.18.2022333.94 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light3.21.22 – 3.28.22 $425.00
Mid3.21.22 – 3.28.22 $565.00
Super Mid3.21.22 – 3.28.22  $680.00
Heavy3.21.22 – 3.28.22 $955.00
Posted DatePosted Fuel PriceSource
3.11.2022325.14 cents per gallonS&P Global
Aircraft CategoryPeriodHourly Rate Adjustment
Light3.14.22 – 3.21.22$395.00
Mid3.14.22 – 3.21.22$495.00
Super Mid3.14.22 – 3.21.22$635.00
Heavy3.14.22 – 3.21.22$815.00

Historical Global Jet Fuel Prices

Posted Date Posted Fuel Price Source
3.11.2022 363.2 cents per gallon S&P Global
3.4.2022 387.4 cents per gallon S&P Global
2.25.2022 303.8 cents per gallon S&P Global
2.18.2022 292.7 cents per gallon S&P Global
3.12.2021 172.5 cents per gallon S&P Global

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