📋 Tender Overview
In the context of fuel prices continuing to rise, domestic airlines are expected to continue to adjust flight operations plans in a cautious manner, optimizing costs and ensuring operational safety. Download The global aviation fuel market continues to be strongly impacted by the conflict in the Middle East. According to an updated report from the Ministry of Construction, in the period April to early May 2026, the global aviation fuel market continues to be strongly impacted by the conflict in the Middle East. Although there have been some positive diplomatic signals in the past, however, the situation in the Middle East continues to become complicated, disruptions in transportation and the energy supply chain have pushed aviation fuel prices to increase again and stay at a high level in the early days of May 2026. Aviation fuel prices increased again in early May. Specifically, the price of Jet A-1 aviation fuel on the Singapore market increased from about 85-90 USD/barrel before the crisis increased to about 150-200 USD/barrel in early May 2026. On May 5, 2026, Jet A-1 prices continued to anchor at a high level of about 160-170 USD/barrel. Meanwhile, Brent oil price on May 6, 2026 fluctuated around 102-103 USD/barrel after a slight recovery from the previous sharp decline, while WTI was at about 96 USD/barrel. This development directly reflects the impact of traffic restrictions through the Strait of Hormuz (Iran), and shows that aviation fuel supply continues to be under pressure in the short term. In the event of a prolonged crisis, some regions (especially in Europe) may face the risk of a significant decline in fuel reserves from June 2026. The impact of rising fuel prices and supply disruptions has clearly affected the operations of global airlines. Many international airlines have had to adjust operating plans, increase ticket prices, cut frequencies or narrow flight networks to control fuel costs. For example, Lufthansa Airlines (Germany) plans to cut about 20,000 short and medium-sized flights from May to October 2026, and consider reducing operating capacity by 2.5-5% if the fuel shortage continues. According to estimates, in May 2026, about 2 million supply seats and more than 13,000 flights may be cut globally. Continue to adjust flight plans towards cost optimization Although the fuel market and international geopolitical situation continue to have many potential fluctuations, the Ministry of Construction assesses that the operations of Vietnamese airlines will still maintain a positive recovery and growth trend in the first quarter of 2026. Although However, in the context of potential supply instability and fuel costs remaining at a high level, airlines are expected to continue to adjust their operating plans in a cautious manner, enhancing cost optimization measures and ensuring operational safety in the coming time. Download Qatar Airways aircraft at Noi Bai International Airport - Photo: Phan CongSlot exemption for flights affected by the Middle East conflictThe Vietnam Aviation Administration has just announced the application of a slot exemption mechanism for flights affected by conflicts in the Middle East from February 28 to June 30, 2026. Accordingly, on the basis of relevant legal documents and at the request of airlines as well as recommendations of the International Air Transport Association on April 1 on the application of the mechanism of not using slots with valid reasons and the opinion of the Coordination Council of landing and take-off times at Vietnamese airports and airports. The Vietnam Aviation Administration announced the application of the slot exemption mechanism for affected flights from February 28 - June 30, 2026. Specifically, for Emirates airlines, Qatar Airways, Etihad Airways, and airlines. Slots returned due to non-use or incorrect use during the period from February 28 - March 28, 2026 are considered properly used when calculating the historical slot holding conditions for the winter 2026/2027 flight schedule. Slots (confirmed as of the historical slot calculation base date) returned due to non-use or incorrect use during the period from March 29 - June 30, 2026 are considered is used correctly when monitoring the recovery of the slot sequence in the summer 2026 flight schedule and when calculating historical slots for the summer 2027 flight schedule. For Vietnamese airlines and other foreign airlines, slots (confirmed as of the base date for calculating historical slots) in the period from March 29 - June 30, 2026 that are returned before May 15, 2026 are considered correctly used when monitoring collection. recall the slot sequence in the summer 2026 flight schedule and when calculating the historical slot for the summer 2027 flight schedule. After June 30, 2026, based on developments in the Middle East war situation and Jet A-1 fuel prices, the Vietnam Aviation Administration said it will research and evaluate the extension of the exemption application period. In addition, the Vietnam Aviation Administration also changed the application period of the minimum length of the slot sequence to 5 weeks according to regulations. determined in Circular No. 29/2021/TT-BGTVT and change the application period of the maximum lengthThe minimum slot chain is 10 weeks from the winter flight schedule of 2027.Phan TrangSee moreThe global sky is shrinking: World aviation enters a defensive phaseSee moreAir transport growth in double digits right from the beginning of the yearSee moreMinistry of Construction supports Vietjet in participating in aviation infrastructure development See moreRelaxing foreign room in the aviation industry: Which direction is appropriate?See moreRegulator of the aviation industry during the Jet A-1 oil price storm. Read moreRequest to assess the impact of ceiling increase in ticket prices and aviation fuel surcharges
