43% Reduced Fuel Prices, Increases BLTA Profits
Post# of 41413
Posted On: 11/23/2014 9:21:10 PM
43% Reduced Fuel Prices, Increases BLTA Profits
Below is a Jet Fuel 5 Year Price Chart. One can plainly see that jet fuel prices have been trending down and recently have really declined.
This severe decline in jet fuel prices has a very significant impact on Baltia Financials. When you look at BLTA Pro-Forma Year One Projected Operating Results, it is clear that fuel prices are approximately 50% of BLTA Total Operating Expenses. In the Pro-Forma, being financially responsible and conservative BLTA used fuel estimates of $4.00 per gallon.
Fuel Prices Per Gallon
$4.00 BLTA 2013 Pro Forma Fuel Price Estimate
$2.27 November 17, 2014 Fuel Prices
- $1.73 Reduction Per Gallon
~ 43% Decline BLTA Fuel Costs / Operating Expenses
Jet Fuel 5 Year Price Chart
Below is a Jet Fuel 5 Year Price Chart. One can plainly see that jet fuel prices have been trending down and recently have really declined.
This severe decline in jet fuel prices has a very significant impact on Baltia Financials. When you look at BLTA Pro-Forma Year One Projected Operating Results, it is clear that fuel prices are approximately 50% of BLTA Total Operating Expenses. In the Pro-Forma, being financially responsible and conservative BLTA used fuel estimates of $4.00 per gallon.
Fuel Prices Per Gallon
$4.00 BLTA 2013 Pro Forma Fuel Price Estimate
$2.27 November 17, 2014 Fuel Prices
- $1.73 Reduction Per Gallon
~ 43% Decline BLTA Fuel Costs / Operating Expenses
Jet Fuel 5 Year Price Chart
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