Magellan Jets COVID-19 Updates And Procedures
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.
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 5.20.2022 | 348.88 cents per gallon | S&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 Date | Posted Fuel Price | Source |
|---|---|---|
| 5.13.2022 | 396.19 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 5.16.22 – 5.23.22 | $555.00 |
| Mid | 5.16.22 – 5.23.22 | $670.00 |
| Super Mid | 5.16.22 – 5.23.22 | $910.00 |
| Heavy | 5.16.22 – 5.23.22 | $1,245.00 |
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 5.6.2022 | 419.74 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 5.9.22 – 5.16.22 | $610.00 |
| Mid | 5.9.22 – 5.16.22 | $805.00 |
| Super Mid | 5.9.22 – 5.16.22 | $1,000.00 |
| Heavy | 5.9.22 – 5.16.22 | $1,360.00 |
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 4.29.2022 | 415.00 cents per gallon | S&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 Date | Posted Fuel Price | Source |
|---|---|---|
| 4.22.2022 | 363.80 cents per gallon | S&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 Date | Posted Fuel Price | Source |
|---|---|---|
| 4.15.2022 | 381.89 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 4.18.22 – 4.25.22 | $530.00 |
| Mid | 4.18.22 – 4.25.22 | $700.00 |
| Super Mid | 4.18.22 – 4.25.22 | $840.00 |
| Heavy | 4.18.22 – 4.25.22 | $1,180.00 |
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 4.8.2022 | 363.99 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 4.11.22 – 4.18.22 | $490.00 |
| Mid | 4.11.22 – 4.18.22 | $650.00 |
| Super Mid | 4.11.22 – 4.18.22 | $780.00 |
| Heavy | 4.11.22 – 4.18.22 | $1,095.00 |
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 4.1.2022 | 376.13 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 4.4.22 – 4.11.22 | $515.00 |
| Mid | 4.4.22 – 4.11.22 | $685.00 |
| Super Mid | 4.4.22 – 4.11.22 | $850.00 |
| Heavy | 4.4.22 – 4.11.22 | $1,155.00 |
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 3.25.2022 | 384.83 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 3.28.22 – 4.4.22 | $535.00 |
| Mid | 3.28.22 – 4.4.22 | $705.00 |
| Super Mid | 3.28.22 – 4.4.22 | $875.00 |
| Heavy | 3.28.22 – 4.4.22 | $1,195.00 |
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 3.18.2022 | 333.94 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 3.21.22 – 3.28.22 | $425.00 |
| Mid | 3.21.22 – 3.28.22 | $565.00 |
| Super Mid | 3.21.22 – 3.28.22 | $680.00 |
| Heavy | 3.21.22 – 3.28.22 | $955.00 |
| Posted Date | Posted Fuel Price | Source |
|---|---|---|
| 3.11.2022 | 325.14 cents per gallon | S&P Global |
| Aircraft Category | Period | Hourly Rate Adjustment |
|---|---|---|
| Light | 3.14.22 – 3.21.22 | $395.00 |
| Mid | 3.14.22 – 3.21.22 | $495.00 |
| Super Mid | 3.14.22 – 3.21.22 | $635.00 |
| Heavy | 3.14.22 – 3.21.22 | $815.00 |
| 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 |
© 2022 Magellan Jets | Privacy and Legal Information
The Magellan Jets Memberships are programs of Magellan Jets, LLC (Magellan Jets®). Magellan Jets (the Air Charter Broker) acting as an “Authorized Agent” for the Member (Charterer) shall; maintain non-owned aircraft liability insurance, and personal injury coverage, contract for transportation services with only FAR Part 135 Direct Air Carriers or their foreign Civil Aviation Authority (CAA) equivalent that operate and exercise full operational control over those flights at all times. Flights will be sourced through a proprietary Magellan Jets Preferred Network of Direct Air Carriers that meet all FAA or CAA safety standards and additional safety standards established by Magellan Jets
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