U.S. Airlines November 2020 Fuel Use Up 5% from October

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U.S. Airline Fuel Consumption

U.S. airlines’ November 2020 fuel consumption was 4.6% higher than October 2020, and 89% higher than April 2020. April was the lowest monthly fuel usage on record (447M gallons), dating back to 2000. November 2020 fuel consumption was down 42% from November 2019.

Fuel consumed by U.S. airlines scheduled service:

November 2019               1.4 billion gallons

October 2020                      807 million gallons

November 2020                  845 million gallons        

U.S. airlines’ November 2020 fuel consumption was 4.6% higher than October 2020, and 89% higher than April 2020. April was the lowest monthly fuel usage on record (447M gallons), dating back to 2000. November 2020 fuel consumption was down 42% from November 2019.

Fuel cost per gallon for U.S. airlines scheduled service:

November 2019          $1.99

October 2020              $1.14

November 2020          $1.20  

The November 2020 cost per gallon ($1.20) for aviation fuel was up 6 cents per gallon from October 2020 ($1.14) but down 79 cents per gallon from November 2019 ($1.99). The May 2020 cost per gallon ($1.03) was the lowest since April 2004 ($1.01).

Total fuel cost for U.S. airlines scheduled service:

November 2019          $2.9 billion

October 2020                 $917 million

November 2020          $1.0 billion

Total November 2020 fuel cost was 10% higher than October 2020 and 117% higher than May 2020, which was the lowest on record dating back to 2000. Total fuel cost in November 2020 was down 65% from November 2019.

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