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air travel

Jet Demand Poised for Growth as US Lifts Travel Ban

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The US decision to remove restrictions on vaccinated travelers from Europe and several other countries after 18 months could finally unleash pent-up jet fuel demand. The vibrant domestic market is keeping US jet consumption just 20% below pre-Covid levels at some 1.38 million barrels per day this year. Liftings are projected to reach at least 1.5 million b/d next year with more international flights. Vaccinated passengers from China, India, Brazil and South Africa are also now permitted entry to the US.

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