BTS: U.S. Airlines’ Fuel Usage and Cost Rise in July

SECAUCUS, N.J. (DTN) –- U.S. scheduled service airlines consumed 1.76 billion gallons of jet fuel in July, 4.1% more than June’s 1.69 billion gallons and 1.7% above the May 2024 tally of 1.73 gallons, according to the latest data from U.S. Department of Transportation’s Bureau of Transportation Statistics.

Total July fuel expenditure was $4.12 billion, up 10.2% from the prior month expenditure of $3.74 billion and 7.8% below the July 2024 cost at $4.47 billion. BTS data show U.S. scheduled service airlines paid $2.34 gallon for jet fuel in July, 12cts or 5.4% more than the June level of $2.22, and 24cts, or 9.3%, below the July 2024 cost of $2.58.