Asian jet prices slumped faster than the overall crude complex Monday,shedding 3.35/b,compared with a 2.48/b fall in front-month cash Brent values.A key reason for this has been underlying concern that airlines would continue to cut back on flights,thereby reducing demand for jet fuel.Further bearish news came from budget carrier AirAsia Monday,which said that surging fuel prices will force carriers worldwide to merge or face bankruptcy.
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