Brazil: jet fuel soared by 54.8%, urgent cargo will rise in price
In Brazil, jet fuel has sharply risen in price since April 1: Petrobras raised the price by about 54.8% and offered installments of part of the increase for distributors. Fuel accounts for a significant share of airline costs, so the market quickly transfers the increase to tariffs. For B2B, this is a blow to urgent deliveries and the aviation component of logistics.