The math doesn't make any sense. Since the unrest in the middle east and the quake in Japan. Fuel prices has jumped up about 10-15 dollars a barrel and at the pumps the prices have gone up about 24 percent. I've seen some airlines charge up to $500 per ticket for fuel surcharge. The average was closer to $200.
If an average plane carries up to 250 passengers, has fuel gone up $125,000 per flight? I also heard that airlines sign fuel contracts for 3-5 years to hedge against increases? Or that they purchase "futures"?