This document discusses fuel costs for an aviation company. In 2013, the total costs were $22 million with fuel costs accounting for $7 million or 33% of total costs. A 1% reduction in fuel costs would save $70,000. Some ways to reduce fuel costs mentioned are using composite materials in new aircraft, reducing weight by charging for luggage, and flying at optimal altitudes.

1. FUEL ASSIGNMENT
Aviation Management
Batuhan Köfön S003002

2. Cost
%33
• Total cost 2013: 22
Million USD
• Total Fuel Cost 2013: 7
Million USD
• Fuel Cost % Share =%33
• 1%(Total Fuel Cost)=70
thousand USD
Note:these figures are NOT
real

3. Hawaiian Ways To Reduce Fuel Cost
• Use compozite material: by purchasing new aircraft
• Reduce weight: by charging for luggage
• Optimal altitude