Fuel Doubled. Five Counterparties Now Decide Which Airlines Absorb It.

Audience watches an American Airlines panel moderated by Skifts Meghna Maharishi on stage at a past Skift Aviation Forum



Audience watches an American Airlines panel moderated by Skifts Meghna Maharishi on stage at a past Skift Aviation Forum
Skift Take: Jet fuel prices doubled in 2026, and the question for every airline is who captures the margin that remains. Increasingly, the answer sits with counterparties: manufacturers, unions, premium travelers, airports and the banks behind co-brand cards.

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