S&P Global Platts Analysis: Jet fuel a Winner as India's Love Affair with Flying Intensifies

摘要

Jet fuel has been witnessing the sharpest growth among all oil products in India so far this year, with a double-digit growth in the January-July period, as the aviation sector expands capacity to keep up with the steep growth in demand for air travel in one of the world's fastest-growing markets. A more affluent middle-class, intense competition among low-cost airlines, and robust economic growth - all these factors are contributing to an exponential growth in air travel in the country.