Aviation Fuel price records

[AirlinePilot]

Not too much change but we are up a few cents last few weeks.

Avgas 4.12

Jet Fuel 1.47

[AirlinePilot]

Continued increases this week...

Avgas 4.17

Jet Fuel 1.54

[AirlinePilot]

The steady march back up continues.

Jetfuel is at 1.87/gal

Avgas is up to 4.39 this week.

I had really hoped for things to stay at lower numbers for a while longer

[AirlinePilot]

No huge change from last month.

Jetfuel 1.84

Avgas 4.40

[Tanada]

No huge change from last month.

Jetfuel 1.84

Avgas 4.40

Hi AP, how long would we keep the airlines if they had to pay a 50 cent Federal per gallon tax on jet fuel?

If we really need to reduce fossil fuel use killing off or severly reducing the amount of wide body flights in a given year should help.

[AirlinePilot]

I hate to say it but the airlines are a significant portion of GDP currently. I think its on the order of 10% maybe a bit more. Any hurt on them further discourages the already in trouble economy. I doubt you'll see anything but more bailout mentality until we just cant do it anymore.

I do agree though FF use needs to be curbed across the board.

[AirlinePilot]

Avgas 4.47

Jetfuel 1.76

Both national averages. Seems the demand side for Avgas has picked up(slightly) recently according to a few industry analysts over the last
month or two.

[Curmudgicus]

It is difficult to factor the conflicts in projected demand for air travel against the price of a barrel of oil just now. ATA keeps posting declines in air traffic while predicting that the bottom is close. We sure haven't seen it yet.

[Maddog78]

I know they say traffic is down but every flight I've been on since spring has been right full.
These are flights involving Vancouver, Calgary, Tulsa and Dallas.
Other areas must be slower?

[SFDukie]

I know they say traffic is down but every flight I've been on since spring has been right full.
These are flights involving Vancouver, Calgary, Tulsa and Dallas.
Other areas must be slower?

Don't know about Canada, but US carriers have been very agressive at cutting flights-so while passengers are down, so are flights-keeping load capacity flat at pretty high levels.

NEW YORK (MarketWatch) -- Aerospace stocks got a boost Tuesday after an airline industry report showed average load factors continued to climb despite the decline passenger demand as carriers rolled back seat capacity...
However, industry capacity cuts more than offset the fewer number of people flying, lifting the average load factor -- the industry benchmark for tracking the percentage of an airplane filled with passengers -- by 1.2 percentage points to 80.9%, IATA said

Those are worldwide figures. I think US carriers have an average load factor in the mid 80s, and I think that's true for Air Canada as well.

[Maddog78]

Yeah, sounds right.
I've been flying WestJet in Canada and I guess I should have mentioned my flights to Tulsa have been connecting through Denver.
Either way it makes sense. Less flights = fuller planes even if there are less total passengers.

[AirlinePilot]

Prices up a bit once again...

Avgas 4.50

Jetfuel 1.98

[AirlinePilot]

Not a big change, just some minor updates

Avgas 4.52

jetfuel 2.02

[AirlinePilot]

Jetfuel 2.00

Avgas 4.58

just keeping this updated.

[AirlinePilot]

No real change..

Avgas 4.62

Jetfuel 1.95

[AirlinePilot]

Avgas 4.68

Jetfuel 2.14

Climbing again. Yuck.

[Tanada]

Avgas 4.68

Jetfuel 2.14

Climbing again. Yuck.

I just went through all 15 pages of this thread, the highest price you reported here was $4.08 in July 2008 when crude was climbing like a rocket.

Along the way during the power climb from $2.80 in December 2007 you kept commenting on how bad this was for the industry.

If we hit $2.80 again this year will it be as bad or has the industry learned its lesson and prepared this time around?

[AirlinePilot]

It will be just as bad for the industry this time around..probably worse. Revenues are still down and another hit with rising fuel costs will do further damage IMHO.

[misterno]

I was not able to find the thread about refinery margins. Can someone elaborate why the refining margins are extremely low now? And what would be the gas price if the margins had not changed?

[AirlinePilot]

4.74 Avgas

2.29 Jetfuel.

Jetfuel is Climbing once again into pain territory.

I cannot find Avgas anymore around here (Central GA.) for less than 4$/gal. At 5 it starts to curtail my flying and the things associated with that flying.

2.50 was beautiful...dont think I'll ever see that again.