Tuesday
10 Jun 2008
Jet Fuel Costs: Up, Up and Away
By Annie Jacobsen in category Behind the Scenes
The New York Times' Micheline Maynard has an interesting article on what airlines are doing to keep costs down as fuel costs go up, up and away.
"They are power-washing jet engines more often to get rid of grime, carrying less water for the bathroom faucets and toilets, and replacing passenger seats with lighter models."
And interesting analysis:
"'Eight years ago, 15 percent of the price of an airplane ticket went to pay for jet fuel; now, it is 40 percent, according to the Air Transport Association, the industry’s trade group.
If prices stay where they are, the nation’s airlines will collectively spend $61.2 billion this year on jet fuel — more than five times what they spent in 2002, when travel fell sharply after the September 2001 terrorist attacks."