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Old Jul 17, 2007 | 3:49 pm
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J.Edward
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Originally Posted by pptp
Interesting...thanks.

Would it be safe to say that fuel and labor make up around 70-80% of an airlines' operating cost?
For 2006, fuel and labor were 3,034 and 2,875 (all numbers in millions of USD) and total operating expenses amounted to 12,660. Fuel accounted for ~24% of expenses and labor rang in around 23%. Combined fuel and labor accounted for ~47% of operating expenses.

Source: 2006 10-K
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