Air Capital Insider

Air Capital Insider

U.S. airlines see cheap gas in August

By Jerry Siebenmark

The Wichita Eagle
An American Airlines jet is refueled at the Dallas/Fort Worth International Airport. The Bureau of Transportation Statistics said in a report this week that the cost per gallon of fuel for U.S. airlines was 43 percent lower in August than the same month a year ago.
An American Airlines jet is refueled at the Dallas/Fort Worth International Airport. The Bureau of Transportation Statistics said in a report this week that the cost per gallon of fuel for U.S. airlines was 43 percent lower in August than the same month a year ago. AP File photo

The federal Bureau of Transportation Statistics said the fuel price for U.S. airlines in August fell by nearly 43 percent from a year ago.

BTS said the cost per gallon for U.S. airlines’ scheduled services in August was $1.68, compared with $2.93 in August 2014.

For the year, the average cost per gallon is $1.96, nearly 35 percent lower than the same period in 2014, BTS said.

Get unlimited digital access
#ReadLocal

Try 1 month for $1

CLAIM OFFER