US Jet Fuel Spot Price Passes $5.00 Per Gallon at End of April
US Carriers Jet Fuel Cost and Consumption - March 2022
US carriers reported an average fuel cost of $3.04 per gallon during March 2022. Spot prices have continued to increase, reaching $5.07 on April 28, 2022 and averaged $3.91 for the month of April. US fuel cost remained relatively consistent during the summer months until a double digit increases starting in October 2021. The steep increases have been made worse by Russia's invasion in Ukraine. Jet fuel consumption was up 37.2 percent compared to March 2021.
| Fuel Cost ($US) | March 2022 | March 2021 | % Chg | 12 Months March 2022 | 12 Months March 2021 | % Chg |
|---|---|---|---|---|---|---|
| Domestic | $3.03 | $1.87 | 62.0% | $2.21 | $1.36 | 62.2% |
| International | $3.06 | $1.80 | 70.0% | $2.20 | $1.30 | 69.3% |
| System | $3.04 | $1.85 | 64.3% | $2.21 | $1.34 | 64.2% |
| www.PlaneStats.com |
| Gallons MM | March 2022 | March 2021 | % Chg | 12 Months March 2022 | 12 Months March 2021 | % Chg |
|---|---|---|---|---|---|---|
| Domestic | 980.8 | 713.6 | 37.4% | 10,763.0 | 6,293.8 | 71.0% |
| International | 395.4 | 289.7 | 36.5% | 4,141.1 | 2,631.4 | 57.4% |
| System | 1,376.2 | 1,003.3 | 37.2% | 14,904.2 | 8,925.3 | 67.0% |
| www.PlaneStats.com |
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