Aviation Fuel price record

sylviah · Tar Sands Joined: Oct 06, 2006 Posts: 57

Thanks, Airline Pilot, for keeping track of this. I keep checking back, just to keep updated. I have a few relatives who depend on air travel for their jobs, and I've warned them about peak oil, so I'm trying to keep an eye on the situation for them.

Does anybody have any info on how the 1970s oil shocks played out in the airline industry? Just to get an idea of the possibilities.

dohboi · Light Sweet Crude Joined: Dec 05, 2005 Posts: 1158

Perhaps our science teacher or others espousing the efficiency of airtravel could let us know what energy is expended lifting mass 35,000 feet? Or accelerating rapidly to 600mph?

And don't forget that for millennia people have been traveling by boat using wind power (and of course good ol' slave power when the breeze dies down Shocked

).

mommy22 · Heavy Crude Joined: Jul 22, 2005 Posts: 264

This is interesting to me, as my husband works for a company that supplies aircraft with an essential part. At different conferences he's been to this year, the big boys are cranking up production on really huge aircraft, like Airbus's big ones that landed in the US last month. Boeing, too. This will all be very interesting!

AirlinePilot · Posted: Tue Apr 17, 2007 11:08 pm Post subject: Re: Aviation Fuel price record

Update:

Avgas up another penny today, 4.17 national average.

AirlinePilot · Posted: Sun Apr 22, 2007 1:43 pm Post subject: Re: Aviation Fuel price record

This last week national average for jet fuel is up 5 cents from 2.03 to 2.08. Every penny is huge in terms of cost to airlines.

Avgas seems to be hovering around 4.16 for now.

Tanada · Posted: Sun Apr 22, 2007 4:17 pm Post subject: Re: Aviation Fuel price record

Troyboy1208 · Posted: Sun Apr 22, 2007 5:15 pm Post subject: Re: Aviation Fuel price record

Airline pilot since you are inside the industry do airlines buy their fuel as a contract? Do they negotiate the price and get a wholesale discount? Or are airlines forced to buy the fuel like everyone else and are subject to daily price fluctuations?

AirlinePilot · Posted: Sun Apr 22, 2007 10:29 pm Post subject: Re: Aviation Fuel price record

We get fuel at contract for the hubs I believe, but when we fly to other destinations we have to buy it locally. Florida is really ugly on the fuel tax so we actually "tanker" fuel. We can frequently haul more than we need reducing what we have to buy away from the hubs. The problem with that is if your heavier due to the increased fuel load, it actually costs you slightly more fuel to do that. At the heavier weights it takes more fuel burned to go the same distance. Not a lot, but its measurable.

The airlines have been hedging fuel also but as of the last year or so its very limited. We actually lost a bunch of money last year due to the large price drop in crude. Sometimes its a tough game to play. Unfortunately they didnt ask me! Smile

AirlinePilot · Posted: Wed Apr 25, 2007 1:58 pm Post subject: Re: Aviation Fuel price record

Some good news! Jet fuel nat. avg. is back to 2.03 and Avgas remains stable at 4.16. I guess the demand numbers are fairly steady for these right now. I am guessing that might change though as it may become an issue for refineries prioritizing which fuels to make. Gasoline has a much bigger immediate impact economically and politically.

tmazanec1 · Heavy Crude Joined: Oct 12, 2004 Posts: 424

I'm going on the vacation of a lifetime this summer. Maybe just in time...

DantesPeak · Posted: Mon Apr 30, 2007 4:46 pm Post subject: Re: Aviation Fuel price record

AirlinePilot · Posted: Wed May 02, 2007 3:37 pm Post subject: Re: Aviation Fuel price record

Avgas now up to 4.18 and Jet fuel has jumped to 2.10 a gallon for the national averages.

That jet fuel jump is significant. Its up 7 cents since last week.

gnm · Posted: Wed May 02, 2007 4:23 pm Post subject: Re: Aviation Fuel price record

AirlinePilot, Is AVgas similar to kerosene? Just curious...

-G
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Valdemar · Posted: Wed May 02, 2007 5:15 pm Post subject: Re: Aviation Fuel price record

JP-8 is a kerosene derivative, so yes, I presume they're linked quite a bit.
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