Airline Stocks To Trade

Description:

Each week IATA updates its jet fuel price index to provide the latest price data from the leading energy information provider Platts. 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.

1-Aug-08
Index*
$/b
cts/gal
$/mt
1 week ago
1 month ago
1 year ago

Jet Fuel Price
414.5
151.6
361.0
1194.9
-4.1%
-14.7%
69.2%

Sourced from Platts * 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

$142.7/b
+$92 billion


Remember, when oil futures drop, these stocks are short-term trading buys. And when oil futures trade higher, these stocks are short-term trading shorts
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