Jet Fuel Datapoint of the Day
Long-haul flights are going because they burn fuel simply to carry enough fuel to make the long runs. In fact, one European airline executive told me that his nonstop flights to the West Coast use about 30 percent more fuel per hour than his nonstops to the East Coast. So it's not surprising that Thai Airways is dropping its New York-Bangkok route (it stops at the end of the month) or Aer Lingus is cutting its Los Angeles-Dublin run (it ends in October).
This makes perfect sense: you burn a lot of fuel simply transporting the heavy jet fuel you're going to be burning in the later hours of the flight. I can see this as being very good news for places like Dubai: airlines will increasingly want to refuel there, just to save on jet fuel costs. When they do, their passengers will spend lots of money at the duty free shops, and Dubai will find itself with that many more airline connections to all over the world.
Unfortunately, there aren't any natural refuelling stops on a run like LA-Dublin, not unless or until they build an airport way up on the Hudson Bay somewhere. Which they might do, you never know, if the Northwest Passage starts reliably opening up every year. But Dubai could be a natural refuelling point for NY-Bangkok, notwithstanding the fact that the actual geographic midpoint between the two cities is a Russian island in the Arctic Sea.
- Super-Seniors: Your Questions Answered
- Dec 2 2008 9:52AM EST
- What's a Super-Senior Tranche?
- Dec 1 2008 9:25PM EST
- Extra Credit, Monday Edition
- Dec 1 2008 6:29PM EST
- Zimbabwe: When Even the Central Bank Can't Keep Up
- Dec 1 2008 5:07PM EST
- Genius
- Dec 1 2008 4:14PM EST
- Adventures in Shopping, Black Friday Edition
- Dec 1 2008 3:55PM EST
- Endowments Dump Private Equity Stakes
- Dec 1 2008 3:22PM EST
- Ignoring the Stock Market
- Dec 1 2008 1:06PM EST
- When Mutual Funds Reopen for Business
- Dec 1 2008 11:50AM EST
- Credit Card Crunch
- Dec 1 2008 11:32AM EST
- Art: The Case of Ana Tzarev
- Dec 1 2008 10:13AM EST
- Tanta, RIP
- Dec 1 2008 1:24AM EST
- Extra Credit, Sunday Edition
- Nov 30 2008 11:29PM EST
- Geithner isn't Rubin
- Nov 30 2008 12:46PM EST
- Ben Stein Watch: November 30, 2008
- Nov 29 2008 11:22PM EST
Categories
Links
- Email Felix Salmon
- Alphaville

- Marginal Revolution

- The Panelist

- FP Passport

- Overcoming Bias

- Andrew Leonard

- Barry Ritholtz

- Brad Setser

- Carbon Tax Center

- Calculated Risk

- Greg Mankiw

- Free Exchange

- Dean Baker

- Alexander Campbell

- Kash Mansori

- The Bayesian Heresy

- A Fistful of Euros

- John Quiggin

- Michael Mandel

- Lance Knobel

- Mark Thoma

- Dan Gross

- Curbed

- Streetsblog

- Chris Anderson

- Deal Journal

- MarketBeat

- DealBook

- DealBreaker

- Carl Bialik

- Michelle Leder

- Brad DeLong

- The Epicurean Dealmaker

- Naked Capitalism

- Ultimi Barbarorum

- Econospeak

- Fortune: Daily Briefing

- Financial Crookery










