Budget Impact:

• Given forecasts of significant rises in airline travel, aviation fuel growth is forecast to rise in correlation,increasing by an additional 8.5 billion gallons per year over the course of the next 10-15 years.
• Fuel is the most important, and highest operating cost of an airline representing approximately 28% of an airlines operating costs, and carriers need to manage this expense given the expected industry growth.
• While various factors affect an aircraft’s fuel burn rate, large commercial airliners burn on average between 5 – 10 tons of fuel per hour, which equates to approximately ½ to 1 gallon of fuel consumed,every second.