March 08, 2023 16:36 GMT
Chinese Jet Demand Poised to Soar
Jet fuel demand is set to soar in the coming weeks according to BloombergNEF.
- It is expected to top 1 mn bpd for the first time since the pandemic.
- The number of flights, including domestic and international routes, is set to jump 55% during the coming months, according to current schedules.
- There’s no guarantee the increase will be quite as big as they imply, with authorities routinely cutting several thousand scheduled flights a week or so before their intended departures depending on demand levels.