U.S. Airlines’ April 2023 Fuel Consumption Back to Pre-pandemic Levels; Fuel Cost per Gallon up 29.3% from Pre-pandemic level, Down Substantially from the June 2022 Recent-high of $4.04
Source: US DOT The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ April 2023 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.484 billion gallons of fuel, 3.9% less fuel than in March 2023 (1.545 billion gallons) and 0.1% less than in pre-pandemic April 2019. The cost per gallon of fuel in April 2023 ($2.66) was down 26 cents (8.8%) from March 2023 ($2.91) and up $0.60 (29.3%) from April 2019. Total April 2023 fuel expenditure ($3.94B) was down 12.4% from March 2023 ($4.50B) and up 29.1% from pre-pandemic April 2019. Year-over-year changes in fuel consumption and cost for April 2023 include 6.8% increase in domestic fuel consumption, 20.6% decrease in domestic fuel [...]