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Old May 16, 2008 | 7:36 am
  #3  
getaround
 
Join Date: Jun 2007
Location: YUL
Posts: 2,283
Originally Posted by RCyyz
Interesting. To take things a bit further, according to IATA (website link) aviation fuel is currently running at $158.6 per barrel. There are approx 117 litres per barrel so that translates to $1.3515 per litre.

Therefore the YVR - SYD run would cost about $802 in fuel.

I dont know how AC do it but they may have and agreement for Fuel hedging. Basically they set a price with someone and get the price cheaper even if the market is going over. It's like a fixed interest rate.
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