http://www.iata.org/whatwedo/economi...ges/index.aspx
Jet Fuel Price Monitor
Each week IATA updates its jet fuel price index to provide the latest price data from the leading energy information provider Platts. The index and price data shows the global average price paid at the refinery for aviation jet fuel on Friday of each week.
Percentage change vs. 1 year ago
-12.4%
It's all about the Benjamins at UA- the ones it costs to feed a 747 as opposed to a 737. I wouldn't fool yourself into thinking this was about the customers- it's about what makes money for UA. If they could make money flying 50 seat RJs TPAC they would. If they could make money flying 747s EWR-IAD, they would.