Aviation fuel: Difference between revisions

Recent years the fuel markets have become increasingly volatile. This paired with rapidly changing airline schedules and the desire to not carry excess fuel on board has increased the importance of demand forecasting. In March 2022, Austin's Austin-Bergstrom International Airport came close to running out of fuel, potentially stranding aircraft.<ref>{{Cite web |last=Best |first=Paul |date=March 28, 2022 |title=Austin airport sends out fuel shortage alert amid 'increased flight activity' |website=[[Fox Business]] |url=https://www.foxbusiness.com/economy/austin-texas-airport-fuel-shortage-alert-increased-flight-activity |url-status=live |access-date=November 7, 2022}}</ref> Common forecasting techniques include tracking airline schedules and routes, expected distance flown, ground procedures, fuel efficiency of each aircraft and the impact of environmental factors like weather and temperature.<ref>{{Cite web |title=Navigate aviation fuel demand volatility with effective forecasting |url=https://www.cirium.com/thoughtcloud/navigate-aviation-fuel-demand-volatility-with-effective-forecasting/ |access-date=2022-11-07 |website=Cirium |language=en-US}}</ref>