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The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ September Fuel Cost and Consumption numbers.
Fuel consumed by U.S. airlines scheduled service:
September 2019 1.5 billion gallons
August 2020 801 million gallons
September 2020 728 million gallons
September 2020 fuel consumption was 9% lower than August 2020, 5% lower than July 2020, 30% higher than June 2020, 61% higher than May 2020 and 63% higher than April 2020. April was the lowest monthly fuel usage on record (447M gallons), dating back to 2000. September 2020 fuel consumption was down 51% from September 2019.
Fuel cost per gallon for U.S. airlines scheduled service:
September 2019 $1.96
August 2020 $1.21
September 2020 $1.17
The September 2020 cost per gallon ($1.17) for aviation fuel was down 4 cents per gallon from August 2020 but down 79 cents per gallon from September 2019. 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:
September 2019 $2.9 billion
August 2020 $968 million
September 2020 $852 million
Total September 2020 fuel cost was 12% lower than August 2020, 5% lower than July 2020, 41% higher than June 2020 and 83% higher than May 2020, which was the lowest on record dating back to 2000. Total fuel cost in September 2020 was down 71% from September 2019.
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