ISLAMABAD – Flight tickets may become more expensive as the government raises jet fuel prices by Rs. 9.05 per litre, increasing airline operating costs. The impact on airfares will depend on how airlines adjust their pricing.
Jet fuel becomes Rs9.05 per litre more expensive from October 3, 2026. The latest increase takes the price of JP-1, or aviation turbine fuel, to Rs. 355.52 per litre, up from Rs. 346.47 amid continued turbulence in international oil and refined-fuel markets, where changing crude prices, supply disruptions, geopolitical tensions and rising import costs have kept fuel prices under pressure.
The latest revision has not been limited to aviation fuel. The price of kerosene has increased by Rs. 7.68 per litre, climbing from Rs. 321.86 to Rs. 329.54 per litre. Petrol has also gone up by Rs. 2.10 per litre, taking its price to Rs. 392.76, while high-speed diesel has increased by 30 paisa, reaching Rs. 399.64 per litre.
Jet Fuel Trends in 2026
Pakistan’s aviation-fuel market has experienced dramatic swings throughout the year. Jet fuel was selling for around Rs. 188 per litre in late February, but the situation changed rapidly as geopolitical tensions intensified and international energy markets reacted.
During the March surge, the price jumped by roughly Rs. 154 per litre in one major adjustment, taking it to around Rs. 342. Further increases followed, eventually pushing aviation fuel into the extraordinary range of Rs. 476.97 to Rs. 517 per litre. The sharp rise marked one of the most dramatic periods of fuel-price volatility seen during the year.
March spike was followed by a major reversal as international prices moderated and geopolitical tensions eased to some extent. A series of reductions brought jet fuel back into the Rs. 230–290 per litre range during the middle of the year. In late June, the price fell to around Rs. 231.72 per litre after a reduction of Rs. 7.15.
From July through September, jet-fuel prices once again moved sharply in both directions. Rates generally fluctuated between approximately Rs. 290 and Rs. 380 or more per litre, reflecting continuing changes in international markets and domestic pricing factors. Late September saw particularly notable movements, with the price reaching around Rs. 376.76 per litre before falling toward the Rs. 316–346 range.
By the beginning of October, the price had settled around Rs. 346.47. The latest increase has now pushed it back above Rs. 355.
Kerosene has experienced its own dramatic price movements during 2026. From approximately Rs. 171 per litre early in the year, the price climbed rapidly and at one stage crossed Rs. 467 per litre. Although the price later declined considerably, it remains well above its early-year level. With the latest adjustment, kerosene now costs Rs. 329.54 per litre.
Pakistan’s fuel prices are closely connected to international energy markets because the country relies heavily on imported petroleum products. Changes in global crude and refined-product prices can quickly affect domestic fuel costs. Other factors also play an important role, including international jet-fuel benchmarks, import expenses, shipping and insurance charges, the exchange rate of the Pakistani rupee, petroleum levies and inland transportation costs.
This combination of international and domestic factors has resulted in much more frequent fuel-price adjustments during 2026.
Higher fuel costs can increase the expense of operating flights and place pressure on airline finances. If elevated fuel prices persist, carriers may consider adjustments to ticket prices, although the final impact on passengers depends on individual airline pricing policies, demand and other operating expenses.
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