Increase in aviation kerosene makes air tickets more expensive in Brazil The rise in oil prices on the international market, driven by conflicts in the Middle East, increased Brazilian airlines' spending on aviation kerosene (QAV) by R$5.2 billion in 2026. According to the Brazilian Association of Airlines (Abear), with the 1.9% adjustment announced by Petrobras on August 1, the accumulated increase in fuel has reached 49% since the end of February, when the conflict began. Embraer E195-E2 LATAM plane/Disclosure The strong exposure of airlines to the volatility of the international market caused the price of QAV to practically double in May compared to the pre-war period. After the new adjustment, fuel now represents 39% of airlines' operating costs, compared to 32% before the start of the conflict. BNDES approves R$8 billion in credit At the end of July, the National Bank for Economic and Social Development (BNDES) approved a credit line of up to R$8 billion to reinforce the expenses of four airlines that operate domestic flights in Brazil: Azul, Abaeté, Gol and Latam. BNDES approves credit of R$8 billion for Azul, Gol, Latam and Abaeté The resources, coming from the National Civil Aviation Fund (FNAC), can be used until December 2026. The measure seeks to provide quick investment to companies in the face of the sharp rise in aviation fuel costs, which almost doubled between April and May this year as a result of the escalation of the war in the Middle East. The financing line is intended for domestic scheduled air transport companies.