Monthly fuel spending for scheduled U.S. airlines rose by $1.83 billion from February and by $1.16 billion from a year earlier, highlighting mounting cost pressure on major carriers.
Total fuel costs for scheduled service on U.S. airlines climbed to a record $5.06 billion in March, according to the provided figures. That represents a $1.83 billion month-over-month increase, or 56%, and a $1.16 billion year-over-year rise, or 30%. The sharp increase points to heavier operating cost pressure for major airlines such as Delta, as fuel remains one of the industry’s largest variable expenses.