US airlines spend more on jet fuel again in May, according to government data reported by multiple outlets. The figures show airlines pay $6.66 billion for jet fuel in May, which is above $6 billion for the second consecutive month. Compared with the same month last year, monthly fuel spending rises by 84%, indicating a substantial year-on-year increase.
The reports cite the same release of government statistics published on Tuesday and describe the May figure as topping $6 billion again. Together, the sources emphasize both the level of spending ($6.66 billion) and the rate of growth (84% higher than May of the prior year). They do not provide further breakdowns in the excerpts, such as contributing factors like fuel prices versus demand, or any details by airline or route. Overall, the coverage is consistent that May represents another month of unusually high jet-fuel outlays for US carriers and that the increase is significant relative to the previous year.
