Where is fuel burn hurting most? Who’s Exposed?

The headlines are nonstop: high fuel costs are causing airlines all kinds of financial trouble. As we’ve seen among the US airlines that have reported 3Q earnings, revenues are up strongly. But without fuel costs, they’d be gloriously profitable.

Fuel burn is the industry’s bane. Hedges cost serious cash. Absent hedging, airlines are rolling the dice.

Let’s dig into the data to see which aircraft are the most inefficient in fuel burn terms, and particularly among the US airlines, who’s operating them? For brevity, we’re focusing on single-aisles. If you are interested in more, like twin-aisles, please reach out.