FlyerTalk Forums - View Single Post - gas prices and airline ticket cost
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Old Jan 30, 2016 | 7:01 pm
  #10  
Mwenenzi
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Originally Posted by JDiver
Technically, "gas" (gasoline or petrol?) is not used by today's aircraft, which use a petroleum derivative more closely related to kerosene, "Jet A" fuel. Ticket prices do not track petroleum (e.g. Brent crude etc.) as they would be quite volatile; as well, it's in the airlines' interests to have relatively fixed prices, given fuel is only one portion of their expenses.
http://www.iata.org/publications/eco...-analysis.aspx
http://www.indexmundi.com/commoditie...uel&months=120

Some airlines hedge or enter into medium - long term contracts for some or all the fuel requirements.
Compared to the spot price sometimes they win and sometimes they loose.
https://www.flightglobal.com/news/ar...edging-336897/
http://australianaviation.com.au/201...edging-losses/

I have been flying between Australia & NZ for 30 years. The $$ number is about the same now as 30-20-10 years ago
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