While several more fuel-efficient aircraft are traversing the skies today, a Boeing 747 quadjet burns up to one gallon of fuel every second. Every. Second. That means that during a five-hour flight, a Boeing 747 will burn 18,000 gallons of fuel.
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The cost of fueling your private jet can vary significantly. For example, on May 11, 2022, the IATA per gallon price was $4.82 in North America, $4.01 in Europe, and $3.55 in Asia. At Boston's Hanscomb Field Jet A was selling between $9.79 and $13.38 per gallon.
The cost per gallon of fuel in September 2022 ($3.49) was up 2 cents (0.6%) from August 2022 ($3.47) and up $1.53 (78.1%) from September 2019. Total September 2022 fuel expenditure ($4.89B) was down 6.3% from August 2022 ($5.22B) and up 69.2% from pre-pandemic September 2019.
There are four main fuel tanks in the wings, a tail plane tank, a center wing tank, and reserve fuel tanks in the outer wing sections. The maximum fuel capacity is 216,846 L (57,284 gal.).
The good news is that pilots are supposed to dump fuel at a safe height above the ground and away from other aircraft, and in addition, over as remote an area as possible. In the case of Heathrow, for example, most fuel dumps have occurred over the sea.
It would seem strange that pilots would purposefully dump fuel from their aircraft at a time when fuel prices have skyrocketed. What's more bizarre is that they do it in the air while flying. Tossing fuel into the air is a safe procedure for a good reason. Additionally, it is not as wasteful as it seems.