BTS: U.S. Airlines Jet Fuel Consumption Rise by 6.2% in Oct.


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - U.S. scheduled service airlines consumed 6.2% more fuel 
in October versus September, according to data released Thursday (12/4) by the 
U.S. Department of Transportation's Bureau of Transportation Statistics (BTS).

   Jet fuel consumed by U.S. airlines in October totaled 1.608 billion gallons 
against the 1.514 billion gallons recorded the previous month, BTS said. 
Consumption rose almost 2% year-on-year when compared with the 1.58 billion 
gallons used up in October last year.

   Total fuel expenditure for the airlines also climbed, to $3.77 billion in 
October from $3.49 billion in September and from $3.61 billion in the same 
month of the prior year.

   The average of $2.34 gallon the airlines paid for jet fuel in October was 
1.7% higher than the $2.30 in September. Year-on-year, the difference was 2.2% 
higher from the $2.29 paid in the same period of  last year.  

    




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