March 2023 Fuel Prices Rise YOY, But Decline From February

The national average for a gallon of Jet-A fuel totaled $7.17 in March 2023, down 68 cents compared to February but up 80 cents compared to March 2022, according to Argus International. All eight FAA regions experienced a monthly price decrease during the month when compared to February figures. The largest decline was observed in the Eastern region, with a price decrease of $1.19 compared to  the previous month. The Great Lakes region experienced the smallest  decline, with a decrease of 40 cents, compared to February.

Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.