U.S. airlines’ August 2021 fuel use down 2% from July; still 20% lower than in pre-pandemic August 2019
WASHINGTON - The Department of Transportation’s Bureau of Transportation Statistics (BTS) on Oct. 6 released U.S. airlines’ August Fuel Cost and Consumption numbers. U.S. airlines used 1.32 billion gallons of fuel in August, 1.9% less fuel than in July 2021 and 20.1% less than in pre-pandemic August 2019. The cost per gallon of fuel ($1.97) was down slightly from July ($1.99), AviationPros reports. Continue reading original article.
The Intelligent Aerospace take:
October 8, 2021 - Total August 2021 fuel cost ($2.61B)was down 2.7% from July 2021 ($2.68B) and down 18.8% from pre-pandemic August 2019 ($3.21B).
The Fuel Cost and Consumption page can be found at https://www.transtats.bts.gov/fuel.asp. Summaries by month are also available.
Preliminary fuel cost and consumption numbers are industry summaries only. Airline fuel costs may be affected by hedging, contracts that allow airlines to limit exposure to future price changes. The monthly web update with September data is scheduled for Nov. 3.
Related: Virus creates world's longest passenger flight
Related: Aircraft orders slump to record low as COVID pandemic and quarantines hit travel
Related: Blocked airline funds could slow recovery
Jamie Whitney, Associate Editor
Intelligent Aerospace
