DOMESTIC UNIT PRICES FOR AIRLINE JET FUEL

DOMESTIC UNIT PRICES FOR AIRLINE JET FUEL

Jet Fuel Prices by Type of Service (monthly data, not seasonally adjusted)

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.

Current Dollars per Gallon Apr-00 Apr-01
For scheduled airlines 0.73 0.77
Percent change from same month previous year for scheduled airlines 55.97 4.79
For nonscheduled airlines 1.13 0.85
Percent change from same month previous year for nonscheduled airlines 114.17 -24.49

SOURCE: U.S. Department of Transportation, Bureau of Transportation Statistics.

NOTES: The current value is compared to the value from the same period in the previous year to account for seasonality.

Data for January 2001 to April 2001 are preliminary due to late reports by carriers.