Brazil · Aviation
Key Facts
—Higher fares ahead. Abra, the holding that controls Gol and Colombia’s Avianca, expects Brazilian airfares to rise as it passes through soaring jet-fuel costs.
—A direct formula. Abra’s CFO says every $1-per-gallon rise in jet fuel forces about a 10% fare increase, and costs the group roughly $70 million more a month.
—Fuel up about 90%. Jet fuel has climbed roughly 90% in 2026, nearing R$10 ($1.80) per liter, after Petrobras hikes of 54.6% in April and 18% on May 1.
