How much does jet fuel cost, what is its current price, how much does it cost for a barrel, gallon, or liter?

Answer 1

There is a fuel finder on the top right of avweb.com. Just plug your zip code in and there you go! This is per gallon. Go to convertit.com for more help on conversions. Can't help you on Barrell prices.

Answer 2

It depends on where you buy it. Some areas (due to local taxes and/or other factors) charge far more than others. Right now you should expect to pay at least $3.50-$4.00 a gallon and possibly more.

Oh and in reference to another answer I saw on here, yes, airplanes do measure fuel in terms of pounds, but fuel is still sold as gallons. A pilot or dispatcher will determine how many pounds are needed and then the fueler will convert that number to gallons, allowing for the temperature of the fuel, etc.

Answer 3

i fuel light jets and the price after taxes is around $5/gallon

Answer 4

It's very expensive, isn't easy to purchase, and is actually measured by the pound. Planes have pounds of fuel....well, larger ones anyway. Single engine turboprops are a different story. Higher octanes cost lots more money.

Answer 5

If I was a FBO owner I would sell heating oil as all grades of jet fuel and turn the most increadible profit ever!

Answer 6

I hope this answers your question this is for Quantas Airlines
QANTAS has warned that its fuel bill will blow out by $1 billion this year and could strip more than $344 million from the airline's expected profit.

The airline told the market yesterday its full year earnings to June 30 were expected to come in at $670 million, down 25 per on analysts forecasts.
Chief financial officer Peter Gregg also warned that, unless fuel prices fell, Qantas would report another $1 billion hole in next year's accounts.

Its shares fell 9 or 2.8 per cent after the announcement and continued to slip in further trading before ending the day 15 down at $3.01.

The new forecast is at the bottom end of analysts expectations, which ranged between $670 million and $895 million for pre-tax profit after restructuring costs.

This compares with a pre-tax result last year of $914 million before a 21 per cent hike in the price of jet fuel.


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Yesterday jet kerosene was selling at $US83.91 barrel in Singapore, just marginally below the May 3 record price of $US90.05 a barrel. High fuel costs have wiped out completely the savings Qantas had hoped to achieve this year from its "Sustainable Future" program of cutting costs.

Mr Gregg told BusinessDaily the $1 billion extra Qantas was paying for fuel was over and above what could be recouped from hedging and from the airline's fuel surcharge on ticket prices.

"The fuel surcharge is not going to get within cooee of meeting our costs," said Mr Gregg.

Pressed whether Qantas would report a loss next year, he replied: "At this stage, no."

But Mr Gregg would not offer the airline's workforce any guarantee against further job cuts.

He said: "I don't know whether there will be far more (redundancies). But there will be changes and restructuring," he said.

But Mr Gregg said Jetstar was growing and would offer employment.

Up to 30 jobs will go because of a restructure of the airline's catering business in favour of selling it as a stand alone business.

Yesterday's profit downgrade announced by chief executive Geoff Dixon followed previous warnings that the airline would not achieve the same level of profitability this financial year as in 2004-05.

Net profit for the first half of the current year fell 9.6 per cent to $352.6 million.

Qantas, which lifted its fuel surcharge on tickets in April in response to rising fuel costs, has said its 2005-06 fuel bill is expected to reach $2.9 billion - about $1 billion higher than for 2004-05.

Qantas has been undertaking a $3 billion restructuring program to offset the negative impact of rising jet fuel costs caused by record high world oil prices.

Mr Dixon said Qantas was making solid progress towards its target of $3 billion of benefits through its "Sustainable Future" program for the five years to June 2008.

"These reforms will lead to an improved cost structure in future years," he said. "However, if fuel prices continue at this level, further restructuring will be required."

Referring to the decision not to sell the catering business, Mr Dixon said the expected proceeds had been included in its previous 2005-06 profit forecast.

"The offers we received for our catering business did not represent good value compared to the benefits we expect to achieve by retaining the business and restructuring it," he said.

The restructure of Qantas catering is initially expected to provide improvements in earnings before interest and tax (EBIT) in excess of $15 million a year.

Answer 7

It's very expensive, isn't easy to purchase, and is actually measured by the pound. Planes have pounds of fuel....well, larger ones anyway. Single engine turboprops are a different story. Higher octanes cost lots more money.
There is a fuel finder on the top right of avweb.com. Just plug your zip code in and there you go! This is per gallon. Go to convertit.com for more help on conversions. Can't help you on Barrell prices.
http://www.avweb.com/
http://www.airnav.com
I hope this answers your question this is for Quantas Airlines
QANTAS has warned that its fuel bill will blow out by $1 billion this year and could strip more than $344 million from the airline's expected profit.

The airline told the market yesterday its full year earnings to June 30 were expected to come in at $670 million, down 25 per on analysts forecasts.
Chief financial officer Peter Gregg also warned that, unless fuel prices fell, Qantas would report another $1 billion hole in next year's accounts.

Its shares fell 9 or 2.8 per cent after the announcement and continued to slip in further trading before ending the day 15 down at $3.01.

The new forecast is at the bottom end of analysts expectations, which ranged between $670 million and $895 million for pre-tax profit after restructuring costs.

This compares with a pre-tax result last year of $914 million before a 21 per cent hike in the price of jet fuel.
Yesterday jet kerosene was selling at $US83.91 barrel in Singapore, just marginally below the May 3 record price of $US90.05 a barrel. High fuel costs have wiped out completely the savings Qantas had hoped to achieve this year from its "Sustainable Future" program of cutting costs.

Mr Gregg told BusinessDaily the $1 billion extra Qantas was paying for fuel was over and above what could be recouped from hedging and from the airline's fuel surcharge on ticket prices.

"The fuel surcharge is not going to get within cooee of meeting our costs," said Mr Gregg.

Pressed whether Qantas would report a loss next year, he replied: "At this stage, no."

But Mr Gregg would not offer the airline's workforce any guarantee against further job cuts.

He said: "I don't know whether there will be far more (redundancies). But there will be changes and restructuring," he said.

But Mr Gregg said Jetstar was growing and would offer employment.

Up to 30 jobs will go because of a restructure of the airline's catering business in favour of selling it as a stand alone business.

Yesterday's profit downgrade announced by chief executive Geoff Dixon followed previous warnings that the airline would not achieve the same level of profitability this financial year as in 2004-05.

Net profit for the first half of the current year fell 9.6 per cent to $352.6 million.

Qantas, which lifted its fuel surcharge on tickets in April in response to rising fuel costs, has said its 2005-06 fuel bill is expected to reach $2.9 billion - about $1 billion higher than for 2004-05.

Qantas has been undertaking a $3 billion restructuring program to offset the negative impact of rising jet fuel costs caused by record high world oil prices.

Mr Dixon said Qantas was making solid progress towards its target of $3 billion of benefits through its "Sustainable Future" program for the five years to June 2008.

"These reforms will lead to an improved cost structure in future years," he said. "However, if fuel prices continue at this level, further restructuring will be required."

Referring to the decision not to sell the catering business, Mr Dixon said the expected proceeds had been included in its previous 2005-06 profit forecast.

"The offers we received for our catering business did not represent good value compared to the benefits we expect to achieve by retaining the business and restructuring it," he said.

The restructure of Qantas catering is initially expected to provide improvements in earnings before interest and tax (EBIT) in excess of $15 million a year.
http://finance.news.com.au/story/0,10166...
It depends on where you buy it. Some areas (due to local taxes and/or other factors) charge far more than others. Right now you should expect to pay at least $3.50-$4.00 a gallon and possibly more.

Oh and in reference to another answer I saw on here, yes, airplanes do measure fuel in terms of pounds, but fuel is still sold as gallons. A pilot or dispatcher will determine how many pounds are needed and then the fueler will convert that number to gallons, allowing for the temperature of the fuel, etc.
at my local airport it is like 3.80 per gallon....and even the smallest jets hold at least a hundred gallons, and use like 20 gallons per hour.
i fuel light jets and the price after taxes is around $5/gallon
If I was a FBO owner I would sell heating oil as all grades of jet fuel and turn the most increadible profit ever

Answer 8

at my local airport it is like 3.80 per gallon....and even the smallest jets hold at least a hundred gallons, and use like 20 gallons per hour.