European jet fuel prices have surged to $1,497.75/tonne, around 75% above late-June levels, driven by sharply lower inventories, strong middle-distillate margins and renewed Middle East tensions. ARA stocks fell 8.6% in one week, leaving the market vulnerable to further supply-driven volatility. Elevated fuel costs are already influencing airline capacity decisions, although weaker winter demand could limit further price increases.

Loganair plans to increase aircraft ownership and reduce its operating-leased fleet from 75% to around 50%, although limited availability of suitable aircraft is slowing progress. The carrier continues to face elevated lease rates, engine and spare-parts constraints, while higher fuel costs have prompted increased hedging and a fuel surcharge. Demand remains resilient, although passengers are booking closer to departure.

Air Cairo has placed a direct order for 15 Airbus A320neos, marking its first aircraft purchase directly from Airbus and a shift from its previously all-leased fleet strategy. The carrier currently operates 43 aircraft and plans major expansion to more than 130 aircraft by 2034, with the new owned aircraft intended to improve operational flexibility and financial efficiency.