BTS: U.S. Airline Jet Fuel Cost, Consumption Dips in Sept.


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - U.S. scheduled service airlines consumed 9.7% less fuel 
in September versus August, according to data released Tuesday (11/4) by the 
Department of Transportation's Bureau of Transportation Statistics (BTS).

   Jet fuel consumed by U.S. airlines in September totaled 1.514 billion 
gallons against the 1.677 billion gallons recorded the previous month, BTS 
said. Consumption fell by 1.2% compared with September last year.

   Total fuel expenditure by the airlines declined 9.4% month-over-month to 
$3.49 billion, BTS data showed. This total spending was also 2.2% lower than 
the $3.56 billion spent year-on-year.

   U.S. scheduled service airlines average price paid of $2.304 gallon for jet 
fuel in September was up 0.8cts, or 0.3%, from August levels and 1.2% lower 
from a year ago, BTS said.




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