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Fuel Costs.  
User currently offlineJmhLUV2fly From United States of America, joined Dec 1999, 559 posts, RR: 0
Posted (14 years 5 months 3 weeks 3 days 3 hours ago) and read 637 times:

I was wondering how much of an impact the recent rise in the cost of oil and inturn fuel, will have on the airline industry? Does anyone forsee an increase in airline ticket prices in the next 4 to 5 months?

3 replies: All unread, jump to last
 
User currently offlineDnalor From Australia, joined Mar 2000, 369 posts, RR: 0
Reply 1, posted (14 years 5 months 3 weeks 3 days 2 hours ago) and read 603 times:

I have no idea but it'd be interesting to know how much they pay for fuel anyway.

User currently offlineAA737-823 From United States of America, joined Mar 2000, 5771 posts, RR: 11
Reply 2, posted (14 years 5 months 3 weeks 2 days 19 hours ago) and read 600 times:

I don't know how much airlines pay for fuel, but Continental announced yesterday- or the day before- that their fare prices were going up as much as FORTY DOLLARS for each ticket. Doesn't sound very FARE to me! Sorry, couldn't resist.

Randy@DFW


User currently offlineIahcsr From United States of America, joined Jun 1999, 3424 posts, RR: 42
Reply 3, posted (14 years 5 months 3 weeks 17 hours ago) and read 595 times:
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As of 29 Feb of this year, CO paid $.88/US Gallon for jet fuel. A year ago, that fugure was $.36 . That is a direct quote from CO's CEO. Another quote is that for every $1.00 increase in the cost of oil, CO's yearly fuel costs go up $40 million. I would think the numbers for most other airlines are similar.


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