Domestic Airline Jet Fuel
Jet Fuel Prices by Type of Service (monthly data, not seasonally adjusted)
Jet fuel prices reported to the Bureau of Transportation Statistics differ from
producer prices. Reports to BTS show the cost per gallon of fuel used by an airline
during the month rather than the price charged by a producer on a single day. Fuel
costs for scheduled airline services reflect contractual and storage advantages available
to large buyers, while fuel costs for nonscheduled airline services reflect economic
conditions for smaller buyers. Jet fuel prices also reflect seasonality due to both
the seasonality of aviation and because jet fuel has similar refining requirements to
heating oil.
| For nonscheduled airlines |
0.87 |
0.88 |
| Percent change from same month previous year |
16.25 |
1.32 |
| For scheduled airlines |
0.80 |
0.81 |
| Percent change from same month previous year |
13.60 |
0.71 |
NOTES: The current value is compared to the value from the same period
in the previous year to account for seasonality.
Data for July 2003 to October 2003 are preliminary due to late reports
by carriers.
SOURCE: Bureau of Transportation Statistics, Office of Airline
Information, December, 2003; available at: http://www.bts.gov/oai.
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