Insight

Why is jet fuel not back to 2019 levels?

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Asia accounts for the largest jet fuel market globally, but recovery is lagging in 2023, especially in China. The slowdown in China's economy results in a shortfall in travel demand compared to our initial projections, thereby affecting the recovery in global jet fuel demand. This brief insight looks at: - Has China's aviation market recovered to 2019 levels? - When will global jet fuel demand fully recover? - What does this signal about the pace of the global aviation and jet fuel recovery?

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    Why Jet Fuel Is Not Back To 2019.pdf

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