Jet Fuel Price Shocks Affect Mexico's Tourism Airlift More Than Its Domestic Travel
Jet fuel prices have risen from $85 to $90 per barrel before the Iran conflict to $150 to $200 per barrel in its immediate aftermath. For Mexico's tourism sector, the implications are concentrated in international airlift rather than domestic travel. The structure of Mexican aviation, where short domestic routes carry lower fuel exposure per passenger than long-haul international routes, means the impact distributes unevenly across the market.
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