IMG.gif
china

China's Slow Reopening Weighs Down Aviation Recovery

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
people/ss1371647072-people-china-facemask.jpg

China is still mired in the pandemic, with Beijing's "zero-Covid" policy curbing international air travel and suppressing economic activity. From the engine for global jet fuel demand gains prior to the pandemic, China has become a deadweight on the pace of recovery. Despite lower fatalities than in Europe or the US, Asian countries are laggards with a far more cautious approach than in the West to reopening their borders. “Even with economic and geopolitical uncertainties, the demand for air transport continues to recover ground. The outlier is still China with its pursuit of a zero-Covid strategy keeping borders largely closed and creating a demand roller-coaster ride for its domestic market,” the International Air Transportation Association reported earlier this month.

Topics:
Jet Fuel, Oil Demand
Wanda Ad #2 (article footer)
#
United Airlines has invested in Oregon-based SAF producer Next in a bid to speed up commercialization of the nascent sector.
Wed, Nov 23, 2022
Current price spreads indicate that the supply tightness that has defined oil markets in recent months has diminished.
Tue, Nov 29, 2022
Diesel profits remain sky-high in Europe but unusual diesel exports to the US show an uneven market in distress.
Mon, Nov 21, 2022