What Is The Average Cost Of Jet Fuel?

Is Jet fuel cheaper than gasoline?

Lower Cost Considering that large commercial airplanes like the 747 burn roughly 1 gallon of fuel per minute, it’s important for airlines to consider the cost of fuel.

The good news is that kerosene is significantly cheaper than gasoline.

In some cases, kerosene may cost less than half the price of gasoline..

Is jet fuel a kerosene?

Jet fuel (Jet A-1, kerosene) This is a carefully refined, light petroleum. The fuel type is kerosene. Jet A-1 has a flash point higher than 38°C and a freezing point of -47°C. Jet A is a similar kerosene fuel type that is normally available only in the U.S.

How much is a barrel of jet fuel?

Price $54.32 per barrel which is -32.4% lower than a year earlier, and -18.1% lower than a month earlier. Jet fuel price was $78.12 in August 2019. It was around $85 in May 2019.

What is the price of jet fuel today?

170.8 Cents (US dollars) per Gallon.

How much does it cost to fuel a Boeing 737?

Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 737-200 has total variable costs of $3,094,110.00, total fixed costs of $697,005.00, and an annual budget of $3,791,115.00. This breaks down to $8,424.70 per hour.

Can I put jet fuel in my car?

Jet fuel (there’s variants, but a very common one is known as Jet A) is really close to regular old diesel fuel. And, for that matter, kerosene. You can even run it straight in your diesel car or truck, though it doesn’t lubricate as well so if you do, you’d want to add some sort of lubrication additive.

What octane is jet fuel?

The octane ratings of AVGAS, a gasoline-based fuel, are usually either 91 or 100 (lean mixture) and 96 or 130 (rich mixture). The octane rating of jet fuel is much lower, around 15 – this is much more like automotive diesel and thus much more resistant to detonating due to sparks or compression.

Why is Jet fuel so expensive?

This fuel is expensive for a number of reasons: The lead itself is expensive. … 100LL fuel has many more “aromatic” hydrocarbons than mogas (auto fuel) in order to increase the octane levels and prevent fuel from vaporizing in your lines at high altitude. It’s much higher grade, so it costs more.

How much does it cost to fill up a 747 with fuel?

Seats to fill A 747 can seat 380 to 560 people, depending on how an airline sets it up. A full one is a moneymaker. But an airline that can’t fill all the seats has to spread the cost of 63,000 gallons of jet fuel — roughly $200,000 — among fewer passengers. The jets also are too big for most markets.

How far can a 737 fly on a full tank?

3,600 nautical milesCurrently, Boeing 737 aircraft is deployed into various routes around the world. The distance covered by the older models is much less than that of the re-engined MAX series, for example. Still, the plane can cover up to 3,600 nautical miles and stay over eight hours in the air.

How much is a gallon of jet fuel 2020?

Jet Fuel Monthly Price – US Dollars per GallonMonthPriceChangeMay 2020.6913.20 %Jun 2020.9843.29 %Jul 20201.0810.27 %Aug 20201.112.58 %2 more rows

How much fuel does a 747 burn on takeoff?

According to the Boeing website, the 747 burns approximately 12 litres per kilometre. 747 can carry as many as 568 people. It can carry up to 238,840 litres of fuel.