AVGAS Price

[GABLUES]

Does anyone have access to the movement of Avgas prices over the last 12mths to Dec 2008, surely it should be falling ??:confused:

[VH-XXX]

Did the rounds at Moorabbin 3 days ago.

BP 150.9
Mobil 149.9
Shell 148.9

Much less than earlier in the year at $1.90 !

[bizzybody]

1.48inc GST mobil bankstown as of last week

[Ka.Boom]

Annual General Meeting (http://www.iata.org/events/agm)http://www.iata.org/NR/ContentConnector/CS2000/SiteInterface/images/2005/new_header_logo_light.gif (http://www.iata.org/index.htm)Home (http://www.iata.org/) » Areas of Activity (http://www.iata.org/whatwedo/) » Economics (http://www.iata.org/whatwedo/economics/) » Fuel Price Monitor
Jet Fuel Price Monitor


Each week IATA updates its jet fuel price index to provide the latest price data from the leading energy information provider Platts (http://www.platts.com/). The weekly index and price data shows the global average price paid at the refinery for aviation jet fuel.
This week's price of aviation jet fuel:



Percentage change vs.


19-Dec-08


Index*


$/b


cts/gal


$/mt


1 week ago


1 month ago


1 year ago


Jet Fuel Price


163.2


59.7


142.1


470.4


0.3%


-20.3%


-45.9%

Sourced from Platts (http://www.platts.com/) * 100 in 2000 (87 cts/gal)


Impact on this year's fuel bill of the global airline industry:


New fuel price average for 2008


Impact on 2008 fuel bill


$128.0/b


+$69 billion

Estimated by IATA IATA Methodology (http://www.iata.org/whatwedo/economics/fuel_monitor/methodology_impact.htm)


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Jet Fuel Price Development (http://www.iata.org/whatwedo/economics/fuel_monitor/price_development.htm)
Jet Fuel Price Analysis (http://www.iata.org/whatwedo/economics/fuel_monitor/price_analysis.htm)Terminology

$/b : US dollars per barrel
cts/gal : US cents per gallon
$/mt : US dollars per metric ton
The Jet Fuel Price Monitor is a joint IATA - Platts initiative
http://www.iata.org/NR/rdonlyres/FDB2DF58-D646-42AD-8232-69DFB37F7D10/0/iata_50px.jpg http://www.iata.org/NR/rdonlyres/B30CBD60-E458-4941-8E40-84CB65DCDF5B/0/Plattslogo_50px2.JPG
Disclaimer (http://www.iata.org/whatwedo/economics/fuel_monitor/disclaimer.htm)





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Terms of Use (http://www.iata.org/terms)AVGAS has declined over 46%/Barrel in price from prices 12 months ago

[Track5milefinal]

SO theoretically the price of hiring a 152 for an hour should dip below $200 an hour again:}

Ridiculous!

[sthaussiepilot]

http://www.pprune.org/dunnunda-godzone/22379-price-avgas.html

Ahhh those were the days... :(

[the wizard of auz]

I cant believe I was whinging about $1.20.
If you take the Non returnable drum deposit into account here, its well and truly double that old price and a bit on top.
I have a receipt here for fuel when I first set up shop here ten years ago. .52c per liter. Glad I switched to JetA1.

[Track5milefinal]

$1.20 in Leonora.........bloody thiefs


Hahaha
Indeed those were the days:ok:

[tasdevil.f27]

Around the $1.45 mark in december in tassie

[GABLUES]

Just can't understand the justification for a/c hire rate increase is fuel related on the way up, but is forgotten on the way down???;)

[thrust clb]

If it makes you Aussies feel better, price of avgas here in Manila, Philippines ..when converted to aus dollar is 3.06 per liter! There should be a Business opportunity here somewhere..any ideas?

[the wizard of auz]

I paid AUD$3.00 a liter in Cebu four years ago. Was the cheapest part of Cebu.
I was parked on the INTL side of the airport as directed and it was costing me USD$200 per half hour and they collected every half an hour. young lass on the back of a scooter with a receipt book appeared every half an hour.
Then there was all the hundreds of other gov departments with their hand in my pocket. Fuel was the cheapest part of Cebu.

[Arnold E]

Where the hell is Cebu?:confused: I'd be staying well away from there

[the wizard of auz]

Bottom of the Philippines. I forgot to mention that the parking charges are factored on weight. the first weight category starts at >55000kg. so even though I was in a lighty, I was paying for a 737.
I do rember being charged US$350 for a 44G drum of avgas in Indonesia around the same time. 30% of the fuel was water. Pretty expensive fuel over there then. I would hate to have to buy over there now.

[Paul Alfred]

Still $2.50 in Birdsville :ugh: