Laserfiche WebLink
APPENDIX II: PRELIMINARY AIRPORT ASSESSMENT <br /> APPENDIX <br /> <br />Airport Strategic Business Plan, 07/26/2021 64 <br />General Aviation Fuel Consumption <br />Total general aviation fuel consumption increased steadily from 1993 (702.8 million <br />gallons) through 2008 (1,953.8 million gallons), which represented a total increase of <br />178% or a compounded annual increase of 13.6%. This trend can be attributed to an <br />increase in aircraft manufacturing, expansion of fractional aircraft ownership, and a robust <br />economy (particularly in the late 1990s). While general aviation fuel consumption declined <br />slightly from 2000 through 2003 (due to the effect from the attacks of 9/11 and the <br />economic recession that followed), general aviation fuel volumes rebounded to well past <br />2000 levels reaching 1,821.4 million gallons in 2018. <br />Aviation gasoline volumes experienced reasonable growth in the late 1990s only to be hit <br />hard by the attacks of 9/11 and the subsequent recession. With the continued high oil costs <br />this cost sensitive segment of the market continues to lose ground. FBO revenues and <br />profits are typically driven by the turbine-powered segment of the market. As such, the <br />recovery of jet volumes has been warmly received throughout the aviation service industry. <br />Figure 13 represents fuel consumption through 2018. <br />Figure 13: General Aviation Fuel Consumption  <br /> <br />