U.S. Airlines’ October 2024 fuel cost per gallon down 1.7% from September 2024
Dec 10, 2024The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ October 2024 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.577 billion gallons of fuel, 2.9% more fuel than in September 2024 (1.532 billion gallons) and 2.3% more than in pre-pandemic October 2019. The cost per gallon of fuel in October 2024 ($2.29) was down 4 cents (1.7%) from September 2024 ($2.33) and up $0.32 (16.1%) from October 2019. Total October 2024 fuel expenditure ($3.61B) was up 1.2% from September 2024 ($3.56B) and up 18.8% from pre-pandemic October 2019.
Year-over-year changes in fuel consumption and cost for October 2024 includes a 2.1% decrease in domestic fuel consumption, an 28.6% decrease in domestic fuel cost, and a 27.1% decrease in cost per gallon. Domestic fuel consumption increased 4.1% from September 2024 to October 2024, while increasing 1.7% from October 2019. Increased fuel consumption reflects an increase in airline passenger travel over the same period.
Similar Stories
Aeromexico now connects Miami with Cancun
View Article
Dragonfly Energy and Stevens Transport, Inc. champion fleet hybridization with Battle Born® All-Electric APU deal
View Article
Lhyfe delivers 2.6 tons of renewable green hydrogen in the space of three weeks to Storengy
View ArticleWinGD completes first full-load running of X-DF-M engine on methanol fuel
Swiss marine power company WinGD has reached a milestone in realising its X-DF-M methanol-fuelled engine design, running the first commercial engine at full load on more than 95% methanol fuel.
View Article
EUROCONTROL Aviation long term outlook expects aviation to reach 15.4 million flights in 2050
View Article
Etihad Cargo adds Paris to freighter network with new weekly service
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
